CLOUDR grants 58.6806 million shares as rewards
CLOUDR announced that it will grant 58.6806 million shares as rewards to motivate employees and recognize their efforts for the company's success. At the same time, the board of directors decided to cancel 10.9361 million unexercised restricted stock units and 42.4933 million unexercised incentive shares. The newly granted share rewards account for approximately 9.9960% of the total issued shares
According to the announcement from CLOUDR (09955), in order to motivate employees to make their utmost efforts and reward them for their continuous efforts towards the success of the company, on January 21, 2025, the board of directors decided to cancel 10.9361 million unexercised restricted share units, equivalent to the 10.9361 million shares previously granted to 350 reward grantees under the pre-IPO equity incentive plan and 42.4933 million unexercised reward shares, equivalent to the 42.4933 million shares previously granted to 350 reward grantees under the post-IPO share reward plan; and
According to the 2025 share plan, 58.6806 million share rewards will be granted to reward grantees, involving 58.6806 million new shares, accounting for approximately 9.9960% of the total issued shares as of the date of this announcement. The 53.4294 million new shares involved in these 53.4294 million share rewards have been granted to reward grantees, considering the cancellation of the previously granted restricted share units and reward shares, but must await acceptance by the reward grantees to become effective
