PACIFIC BASIN(HK:02343)2023-08-24 10:35Share Incentive Plan - The company reported that as of December 31, 2022, a total of 271,147,000 shares were granted under the share incentive plan, with 254,974,102 shares available for further grants, representing approximately 4.85% of the company's issued share capital[5]. - The weighted average closing price per share prior to the vesting of share incentives in 2022 was HKD 3.05, while in the first half of 2023, it was HKD 3.06[5][6]. - As of June 30, 2023, the total number of shares that remained unvested was 22,205,000 shares, with no shares available for grant following the expiration of the share incentive plan on February 28, 2023[6][7]. - The company issued 18,816,000 shares as part of the share incentive plan in 2022, which accounted for approximately 0.37% of the weighted average number of shares issued during the year[5]. - The share incentive plan's total number of shares available for grant decreased from 228,938,127 shares at the beginning of 2022 to 210,122,127 shares by the end of the year[5]. - The company has outlined the vesting periods for various share grants, with some grants set to vest as late as July 2025[2][6]. - The company plans to provide further information regarding the share incentive plan in future disclosures, following the details provided in the 2022 annual report and the 2023 interim report[1][8]. Governance Structure - The company’s board of directors includes Martin Fruergaard as an executive director and several independent non-executive directors, indicating a diverse governance structure[8]. Product Development and Market Strategy - The company has not disclosed any new product developments or market expansion strategies in the recent reports[1][8]. Information Accuracy - The company emphasizes the importance of the accuracy and completeness of the information provided in its reports, disavowing any responsibility for losses incurred from reliance on the disclosed content[1].