Summary by Moomoo AI
The Ying Universe Group Limited announced on April 2, 2024 that under the Restricted Share Unit Plan adopted on June 23, 2018, it has granted employees approximately 0.7% shares, or 14,108,750 units of restricted shares, to subscribe for the same number of ordinary shares. The purchase price of the restricted share units of the lot is zero and the closing price of the shares on the date of issue is HK$0.85 per share. The restricted shares will be vested from the date of issue until 1 June 2028. The Board of Directors stated that this move is aimed at motivating employee performance, attracting and enhancing talent, and fostering teamwork. Restricted shares issued do not include related persons such as directors, chief executives or major shareholders.