LETE plans to launch an employee stock ownership plan in 2025
LETE released a draft of the employee stock ownership plan for 2025, with no more than 100 participating employees, including 3 directors and 97 other employees. The total number of shares involved in the plan does not exceed 1.5071 million shares, accounting for 0.9712% of the company's total equity. The price per share is 16.80 yuan, and the plan aims to raise no more than 25.320103 million yuan, with a maximum number of shares of 25.320103 million
According to the Zhitong Finance APP, LETE (688683.SH) has released a draft of its 2025 employee stock ownership plan, which will involve no more than 100 employees in total. This includes 3 directors (excluding independent directors), supervisors, and senior management personnel, with the remaining participants not exceeding 97.
The shares for the employee stock ownership plan will come from the company's repurchased A-share common stock held in a dedicated securities account. The total number of shares to be acquired under this employee stock ownership plan will not exceed 1.5071 million shares, accounting for 0.9712% of the company's total equity at the time of the announcement of the draft plan. The acquisition price for the shares under the employee stock ownership plan is set at 16.80 yuan per share. The total amount of funds to be raised by the employee stock ownership plan will not exceed 25.320103 million yuan, with each subscription unit being 1 yuan, and the maximum number of units for the employee stock ownership plan capped at 25.320103 million units. The final total amount of funds raised will be based on the actual amount raised
