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21/09/2021 10:14

Evergrande Vehicle (00708) grants share options

[ET Net News Agency, 21 September 2021] China Evergrande New Energy Vehicle Group
Limited (00708) said it has granted share options under its share option scheme adopted on
6 June 2018 to certain independent non-executive directors of the company and certain
employees of the group (including scientific research personnel) (the grantees) which,
subject to the acceptance of the share options by the grantees, will enable the grantees
to subscribe for an aggregate of 323,720,000 new shares of the company, representing
approximately 3.31% of all issued shares of the company.
The board thinks this will help the group continuously promote and support the
development of the company, ensure the interests of the group as a whole and its long-term
development stability, enhance the corporate value of the company and achieve its
long-term objectives. (RC)

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