Shangri-La Asia Limited announced on Sep, 4 2026 that it has granted a total of 352,200 award shares, all to be satisfied by existing shares purchased on the market, under its share award scheme adopted in 2012 and most recently revised on Jun, 12 2025.
The grants were made to two individuals: • Executive Director and Group Chief Financial Officer Teo Nee Chuan received 172,200 shares, vesting in three tranches of 56,800 shares on Sep, 4 2027; 56,800 shares on Sep, 4 2028; and 58,600 shares on Sep, 4 2029. • One non-director employee received 180,000 shares, vesting in three tranches of 59,400 shares on Sep, 4 2027; 59,400 shares on Sep, 4 2028; and 61,200 shares on Sep, 4 2029.
The award shares carry no consideration payable by the grantees. The closing price of the company’s shares on the grant date was HK$4.145.
Following this grant, 48.16 million award shares are vested or outstanding and unvested, while approximately 310.95 million shares remain available for future grants under the scheme, representing about 8.66% of the scheme’s maximum allocation.