Tsingtao Brewery Co (HK:0168) has released an update.
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Tsingtao Brewery Co. has announced the listing and circulation of 4,235,863 restricted shares on 24 July 2024, as part of its A Share Incentive Plan. This move will adjust the brewery’s share capital structure, increasing tradeable A shares not subject to selling restrictions, while maintaining the total number of shares. Directors and senior management face post-unlocking transfer restrictions to ensure compliance with regulatory requirements.
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