Summary by Moomoo AI
COSCO SHIPPING Holdings Co., Ltd., issued a notice on 22 February 2024 detailing the limitation period of its Stock Option Incentive Scheme. The third line option for the first grant of options under the Scheme will be from 5 June 2023 to 2 June 2026, and the reserved second option for the option to be granted will be from 29 May 2023 to 28 May 2024. The Company announces that, in accordance with the relevant regulations and in conjunction with the Company's annual and quarterly reporting disclosure plans, this exercise limitation period is set to be from February 28, 2024 to April 29, 2024, during which time all Incentives will be restricted. The authority will resume on April 30, 2024. The announcement also confirms that the Board of Directors and all directors are legally responsible for the truthfulness, accuracy and completeness of the contents of the announcement.