Summary by Moomoo AI
KYOTO LOGISTICS ANNOUNCED ON 1 APRIL 2024 THAT IT HAS AWARDED 29,009,166 SHARES OF BONUS SHARES TO GROUP EMPLOYEES (EXCLUDING DIRECTORS AND SENIOR MANAGEMENT) UNDER THE INITIAL PUBLIC OFFERING SHARE AWARD SCHEME, REPRESENTING APPROXIMATELY 0.44% OF THE TOTAL NUMBER OF SHARES ISSUED. The award of this batch of bonus shares is zero and does not include performance targets, and will be vested within one to four years. This is designed to encourage employees to remain aligned with the interests of the company and to contribute to the long-term growth and profits of the company. The newly granted bonus shares will be held in trust by the Trustee and transferred to the grantor free of charge after the conditions of assignment are satisfied. In...Show More