Share Option Plan - The new share option plan is proposed to replace the expiring 2012 share option plan, which was approved by shareholders on September 20, 2012, and is set to expire on September 19, 2022[1][2]. - The new share option plan will be effective for a period of 10 years from the adoption date, with a maximum number of shares available for subscription not exceeding 10% of the total issued shares as of the adoption date[3][4]. - A total of 100,000,000 share options were granted to certain management personnel under the 2012 share option plan on January 12, 2021, with the share price at the time of grant being HKD 4.00 per share[6]. - As of March 29, 2022, the total number of shares available for issuance under the 2012 share option plan was 182,960,938, representing approximately 6.11% of the total issued shares of 2,992,179,385[6]. - The new share option plan allows for options to be granted to eligible participants, including employees, related entity participants, and service providers[3][4]. - The exercise price for any share option must be at least the highest of the closing price on the offer date, the average closing price over the five trading days preceding the offer date, or the nominal value of the shares[3]. - Each eligible participant's share options and awards under the new share option plan cannot exceed 1% of the total issued shares in any 12-month period[4]. - The new share option plan is subject to approval by shareholders at a special general meeting and must also receive approval from the Stock Exchange[5][6]. - The company will apply to the Stock Exchange for the listing of shares to be issued upon the exercise of options granted under the new share option plan[5]. - Further details regarding the new share option plan will be provided in a circular to be sent to shareholders[5]. - The company has proposed a new share option plan for eligible participants[9]. - The share options will allow participants to subscribe for shares with a par value of HKD 0.02 each[9]. Corporate Governance - The board of directors includes both executive and non-executive members, ensuring diverse oversight[9]. - The service providers are defined as individuals providing continuous and regular services beneficial to the company's long-term development[9]. - The company emphasizes that the share options do not include services related to fundraising, mergers, or acquisitions[9]. - The announcement was made on October 28, 2022, indicating a strategic move in corporate governance[9]. - The Hong Kong Stock Exchange is referenced as the platform for the company's shares[9]. - The document outlines the roles of various stakeholders, including shareholders and service providers[9]. - The board's decision-making process is highlighted, showcasing the involvement of multiple directors[9]. - The company aims to enhance its operational framework through the new share option plan[9].
石四药集团(02005) - 2022 Q3 - 季度财报