Wynn Macau has granted 346 employees the opportunity to subscribe to an aggregate of 346,000 ordinary shares, each valued at HK$0.001.
According to a filing made on Wednesday, these awards are part of the employee ownership scheme adopted by Wynn Macau Limited on May 25th, 2023.
The number of awarded shares represents approximately 0.007 percent of the company’s issued share capital. The closing share price on the Date of Grant was HK$6.56 ($0.84).
The awards granted to each selected employee will vest 50 percent on January 4th, 2027, and the remaining 50 percent on January 4th, 2028.
In the previous month, Wynn Macau granted five independent non-executive directors the option to subscribe to an aggregate of 5,017,000 ordinary shares, each valued at HK$0.001.
