FOREST CABIN (02657.HK) grants 3.73m H-share awards, 2.69% of share capital

NewTimeSpace · 2026/10/30 21:45 · By Xuran Lin

FOREST CABIN (02657.HK) granted 3,732,637 H-share awards under its 2026 plan on 30 Oct, about 2.69% of issued share capital, at HK$25 or HK$0 per share.

NewTimeSpace News: Shanghai Forest Cabin Cosmetics Group Co., Ltd. (FOREST CABIN, 02657.HK) announced it granted a total of 3,732,637 H-share awards under its 2026 H-share plan on 30 October 2026, representing about 2.69% of the total issued share capital (excluding treasury shares), subject to acceptance by the grantees.

Among them, executive director Sun Fuchun received 79,728 shares, staff representative director Wang Shijia 62,010 shares, and Sun Ruize (son of Mr. Sun and a connected person) 29,898 shares; 173 performance-incentive core employees received 3,439,495 shares, four core employees who joined in 2026 received 84,120 shares, and one service provider received 37,386 shares. The purchase price is HK$25 per share for all grantees except the 2026 hires (HK$0 per share), while the closing price on the grant date was HK$50.

The awards will vest in three tranches of 30%, 30% and 40% at 12, 24 and 36 months from the grant date, subject to performance targets. After the grant, 10,236,831 H shares remain available under the plan limit.

FOREST CABIN 02657.HK Equity Incentive