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China Kingstone Cancels and Re-Grants Share Options

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China Kingstone Cancels and Re-Grants Share Options

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An update from China Kingstone Mining Holdings Ltd ( (HK:1380) ) is now available.

China Kingstone Mining Holdings Ltd announced the cancellation of a previous grant of share options due to compliance with listing rules, as the options were not accepted by the grantees. Subsequently, the company re-granted 4,890,000 share options to the same grantees, which represents approximately 1.32% of the total shares in issue. The re-granted options are immediately vested and exercisable, reflecting the company’s recognition of the grantees’ past contributions and aiming to retain them for future development.

More about China Kingstone Mining Holdings Ltd

China Kingstone Mining Holdings Ltd is a company incorporated in the Cayman Islands and continued in Bermuda. It operates in the mining industry, focusing on the extraction and production of stone materials. The company is listed on the Hong Kong Stock Exchange under the stock code 1380.

YTD Price Performance: 7.36%

Average Trading Volume: 2,843,050

Technical Sentiment Signal: Hold

Current Market Cap: HK$64.8M

Learn more about 1380 stock on TipRanks’ Stock Analysis page.

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