IH RETAIL (01373.HK): grants 418,000 award shares
IH RETAIL (01373.HK) granted 418,000 award shares at nil cost, worth about HKD 263,000 at HKD 0.63 each, with 78,000 going to executive director Zheng Shengxu.
Key Highlights:
- The 418,000 award shares were granted for nil consideration at a closing price of HKD 0.63, worth about HKD 263,000.
- The shares vest in two equal annual instalments within two years; unvested shares carry no voting rights.
NewTimeSpace News: On 5 November 2026, International Housewares Retail Company Limited (stock code: 01373) said its board resolved to grant a total of 418,000 award shares under the share award scheme for nil consideration, subject to acceptance by the grantees. The scheme is funded by existing shares bought on-market with the company's own funds, involves no new shares and is not dilutive.
The grant date is 5 November 2026, at a nil purchase price and a closing price of HKD 0.63 per share that day; the shares vest in two equal annual instalments within two years, and voting rights on unvested shares cannot be exercised. The 418,000 shares represent about 0.06% of issued shares, worth about HKD 263,000.
