Trending...
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
- Medicare Levy Exemption 2025: Nanak Accountants Releases Step-by-Step Tax Guide for Australians
- GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
SHENZHEN, China - AussieJournal -- T&S Communications Co., Ltd. (300570.SZ) has announced its 2024 Employee Stock Ownership Plan (ESOP). The plan aims to purchase no more than 1.8 million shares. The total funds to be raised will not exceed RMB 30.51 million. The subscription unit is set at RMB 1 per share, and the number of shares each participant will hold is determined based on their actual capital contribution.
The participants in this ESOP include the company's directors, supervisors, senior management (excluding independent directors), key management personnel, and other essential employees, totaling no more than 80 individuals. Among them, there are 7 directors, supervisors, and senior executives, with the exact number of participants depending on the actual payments made by employees.
More on Aussie Journal
The ESOP will be effective for a period of 36 months, starting from the date it is approved by the company's shareholders' meeting and the final transfer of the target shares to the ESOP account is completed. If not extended, the plan will automatically terminate upon the expiration of this period.
The participants in this ESOP include the company's directors, supervisors, senior management (excluding independent directors), key management personnel, and other essential employees, totaling no more than 80 individuals. Among them, there are 7 directors, supervisors, and senior executives, with the exact number of participants depending on the actual payments made by employees.
More on Aussie Journal
- Be Part of the World's Largest Art Biennale | Moons, Castles, Trees | Copenhagen Chronotopes
- Hazara Leaders Give Voice to Human Rights Awareness
- Trust funds: are they still worth the effort?
- SeedList Launching Institutional Crypto Crowdfunding Project to Empower Retail Investors and Disrupt the VC-Dominated Crypto Fundraising Landscape
- California Family Launches Billboard to Reach "Pardon Czar" Alice Marie Johnson
The ESOP will be effective for a period of 36 months, starting from the date it is approved by the company's shareholders' meeting and the final transfer of the target shares to the ESOP account is completed. If not extended, the plan will automatically terminate upon the expiration of this period.
Source: T&S Communications Co., Ltd.
0 Comments
Latest on Aussie Journal
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
- CelluHeal™ Launches Full Line of Advanced Wound Dressings for Online Purchase in the USA, Canada, and Beyond
- Stanmore Resources Highlights Benefits of ESdat in Environmental Data Management
- Nonprofit innovator named Mensa Executive Director
- Yasmine Roulleau named Managing Director in Vancouver, Canada
- Chasing Elizabeth Taylor — The Dazzling True Story Behind the Queen of Diamonds Now Available in Limited-Edition Hardcover
- $53 Million Company Valuation Investment with Majority Acquisition Option, Plus New Stock CUSIP Supporting Brand Transition of Fan Engagement Company
- $14M Deal with Famed David Lloyd for Sports, Entertainment & Gaming, AI Powered Fan Engagement Company; New Stock CUSIP; Creating Shareholder Value
- Disposable Vape Ban Spurs Hayati Innovation
- Prolific Hollywood "Unknown Actor" Leads 11 Day SoCal, Hands-On, Performer Employment Securing Residency that Shows Others How to Get More Work
- Dr. Harmon Completes Prestigious Zygomatic Implant Residency in Brazil
- Agreement to Deliver Thin-Film Solar Technology to Space Solar Array Provider, NASA Collaborative Agreement for Orbital Applications in Power Beaming
- Iterators LLC Honored with IST82 State Award for Accessibility in Massachusetts
- Josh & Heidi Share Upcoming "Spreading the Good BUZZ" Podcast Guests, Select Top Five Elopement Locations as Their Instagram Presence Grows Globally
- Opteamix Launches StackRewrite.AI to Transform Enterprise Legacy Modernization
- "The Pornified Generation": Dr. Chris Samuels Exposes the Toxic Alliance Between Bro Culture and Pornography That's Rewiring a Generation
- Why Elephants Cry and Pigs Sing: New Children's Book Reveals the Deep Emotional World of Animals in Stunning Verse
- SmartSwaps Launches Personalised Food Swap Plans to Take the Guesswork Out of Healthy Eating
- The Modern Insurance Store Expands Medicare Help Services for Seniors in Cincinnati
- Ironside HR Named Fastest-Growing Staffing Firm for Second Year