2023-06-20 07:27:09 ET
- China-based EV charging services company NaaS Technology ( NASDAQ: NAAS ) said on Tuesday that it has amended its 2022 share incentive plan to expand the number of class A shares available for grant of awards.
- The number of class A shares will become 413.9M from 271.8M.
- The amendment, approved by the board, takes effect on June 19.
- The number of shares will increase on the first day of each fiscal year from Jan. 1, 2024, by an amount equal to 1% of the total number of shares issued and outstanding on the last day of the immediately preceding fiscal year.
- NAAS shares were trading +2.11% pre-market.
- Source: Press Release
For further details see:
NaaS Technology to expand number of class A shares in 2022 share incentive plan