China Literature (HKG:0772) granted a total of 552,549 restricted share units to s14 employees of the group on Friday under its 2020 restricted share unit scheme, a same-day Hong Kong bourse filing said.
The grant was made in recognition of the contributions of the grantees and hence has no performance target attached to it.
The online literature platform company further seeks to incentivize and to attract, motivate and retain skilled and experienced personnel for the development of the group.
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