Gelonghui, May 9, 丨 Luxiao Technology (002617.SZ) announced the 2024 employee stock ownership plan (draft). The employee's shareholding plan did not exceed 31,695,415 shares, accounting for about 1.65% of the company's total share capital of 1,923,005,903 shares on the day the draft employee shareholding plan was announced. The share repurchase price for the transferee company under this plan is $2.93 per share.
The total number of employees initially set up in the shareholding plan was no more than 150 people. The employee's shareholding plan uses “shares” as the subscription unit, with each share being 1.00 yuan, and the maximum amount of capital to be raised is 92.8676 million yuan.
The target scope of participation in this program is directors (excluding independent directors), supervisors, senior management personnel, core technical personnel, and other personnel (hereinafter referred to as “holders”) of the company (including subsidiary companies) who meet the requirements stipulated in the draft plan and approved by the board of directors (hereinafter referred to as “holders”). The total number of participants is no more than 150 people. The specific number and list of participants will be determined based on the company's allocation and actual employee participation.
The current employee stock ownership plan lasts for 48 months. The target shares are locked for a maximum period of 36 months and unlocked in three phases, all calculated from the date the “Lu Xiao Technology Co., Ltd. 2024 Employee Stock Ownership Plan (Draft)” was reviewed and approved by the shareholders' meeting and the company announced the last transfer of the underlying stock until the company announced the last transfer of the underlying stock to the current employee stock ownership plan.