SUGA INT'L (00912.HK): grants 3 million share options at HK$ 1.130
- The options run from 21 October 2027 to 20 October 2032 inclusive and vest 12 months after the grant date.
- The grant carries no performance targets and is intended to recognise past contributions and strengthen long-term commitment.
NewTimeSpace News: On 21 October 2026, Suga International Holdings Limited (stock code: 00912) granted 3,000,000 share options to qualified grantees to subscribe for 3,000,000 shares of HK$ 0.10 par value under its share option scheme, subject to acceptance, pursuant to Listing Rule 17.06A. The scheme was adopted by shareholders on 10 August 2022.
The exercise price of HK$ 1.130 is the highest of the HK$ 1.130 closing price on the grant date, the HK$ 1.128 five-day average and the HK$ 0.10 par value. The options run from 21 October 2027 to 20 October 2032 inclusive and vest after 12 months. They carry no performance targets and recognise past contributions. All 3,000,000 went to senior employees, none being directors, the chief executive or substantial shareholders or their associates, leaving 8,679,000 shares, about 3.05% of the issued total, available for future grants.
