Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
GRANT OF SHARE OPTIONS
This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The board of directors (the "Board") of Tristate Holdings Limited (the "Company") announces that on 3 June 2019, share options (the "Options") to subscribe for an aggregate of 1,436,000 ordinary shares of HK$0.10 each (the "Shares") of the Company were granted, subject to acceptance of the grantees, under the share option scheme of the Company adopted on 6 June 2016.
The following are the details of the Options granted:
Date of grant | : | 3 June 2019 |
Exercise price | : | HK$1.58 per Share |
Number of Options granted | : in respect of an aggregate of 1,436,000 Shares | |
Closing price of the Shares | : | HK$1.58 |
on the date of grant | ||
Grantees | : None of the grantees of the Options is a director, chief | |
executive or substantial shareholder of the Company, | ||
or an associate of any of them. |
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Validity period of the Options : The Options vest in four equal tranches over a period of three years from the date of grant and may be exercised in respect of the relevant vested Shares for the period from the corresponding vesting date up to and including 2 June 2024.
On behalf of the Board
WANG Kin Chung, Peter
Chairman and Chief Executive Officer
Hong Kong, 3 June 2019
As at the date of this announcement, the Board comprises one Executive Director, Mr. WANG Kin Chung, Peter; three Non-Executive Directors, namely Ms. WANG KOO Yik Chun, Ms. MAK WANG Wing Yee, Winnie and Dr. WANG Shui Chung, Patrick; and three Independent Non-Executive Directors, namely Mr. LO Kai Yiu, Anthony, Mr. James Christopher KRALIK and Mr. Peter TAN.
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Tristate Holdings Ltd. published this content on 03 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 June 2019 10:03:04 UTC