Summary by Moomoo AI
Corning Jerry Pharmaceuticals-B (the “Company”) announced on April 23, 2024 that it has granted purchase rights and bonus shares to six eligible employees under the Initial Public Offering Share Option Plan and Restricted Share Award Scheme. The share option involves up to 1,180,000 shares of ordinary shares at an exercise price of HK$4.350 per share, valid for ten years and has performance targets and an attribution schedule. The bonus shares total 130,000 shares with an allocation schedule and performance targets. This initiative aims to recognise employees' contributions to the company and encourage their long-term support for the future development of the company. The warrants and bonus shares granted will be managed by the Trustee and will not involve the issuance of new shares.