Nanshan Fashion plans to launch an employee stock ownership plan in 2025, expecting the shareholding scale to not exceed 5.3691 million shares
Nanshan Fashion plans to launch an employee stock ownership plan in 2025, expecting to raise no more than 62.55 million yuan, with a shareholding scale not exceeding 5.3691 million shares. The source of the shares will be A-shares repurchased by the company, with a transfer price of 11.65 yuan/share. The duration of the plan will be 60 months, starting from the approval of the shareholders' meeting
According to the Zhitong Finance APP, Nanshan Fashion (300918.SZ) has disclosed the draft of its 2025 employee stock ownership plan. The scale of funds raised for the employee stock ownership plan will not exceed 62.55 million yuan, with the stock sourced from the company's repurchased A-share common stock held in a dedicated securities account. The total number of shares to be transferred under the employee stock ownership plan will not exceed 5.3691 million shares (including a reserved portion of 1.07 million shares), with the price for the repurchased shares set at 11.65 yuan/share (including the reserved portion).
The duration of this employee stock ownership plan is 60 months, starting from the date when the draft plan is approved by the company's shareholders' meeting and the initial granted shares are transferred to the employee stock ownership plan
