Summary by Moomoo AI
MAPLELEAF EDU (MAPLELEAF EDU) ANNOUNCED ON 4 MARCH 2024 THAT IT HAS GRANTED A TOTAL OF 6,000,000 SHARES TO TWO ELIGIBLE PARTICIPANTS UNDER THE SHARE OPTION PLAN ADOPTED ON 10 NOVEMBER 2014. The exercise price of the share option is HK$0.52 per share and is exercisable subject to acceptance by the assignee. The vesting period for the share rights is 12 months from the date of grant and there are no additional performance targets. THE SHARE RIGHTS UNDER THIS AUTHORIZATION GRANT 3,000,000 SHARES TO ONE DIRECTOR MR. LAU JINPAI AND ONE ADVISER, MS. ZHANG JING-XIA, RESPECTIVELY, 3,000,000 SHARES. The Group will not provide financial support to the underwriter for the purchase of shares, and the number of shares available for future issuance will be 193,637,168 shares after the grant of the share rights. The authorized act has been approved by all of the Company's independent non-executive directors.