Gelonghui, April 24, 丨 China Mobile Games (00302.HK) announced that on April 24, 2024, the company has granted a total of 80 million share options to eligible grantees in accordance with the company's initial public offering after-sales share purchase plan adopted on September 20, 2019. The exercise price of the share options was HK$1.50 per share, and the closing price of the company's shares on the grant date was HK$1.22 per share.
The purpose of granting share options is to motivate and reward the grantee's contribution to the company and continuous efforts to enhance the company's interests, and to grant share options to the grantor to match the interests of the company and the company's shareholders, and strengthen the grantee's commitment to the group. The Remuneration Committee believes that the granting of share options will encourage and retain the grantor to make continuous contributions to the Group's growth and development, and conforms to the interests of the Company and its shareholders.