Long Garden Group to push the equity incentive plan

Source: Internet
Author: User
Keywords Equity incentives and then push
Due to the premature implementation of the time, Long Garden Group (600525) This May had to shelve the early approval of the equity incentive scheme.  After a lapse of 7 months, Chang Yuan Group 12th again launched the draft equity incentive plan, the company intends to include directors, senior executives, Core technology (business), including 244 people to grant 22.98 million stock options, accounting for the company's total share capital of 5.32%, the right price of 23.49 yuan. In fact, as early as January 25 this year, the board of the Chang Yuen Group deliberated on the passage of the bill on the Stock options incentive scheme.  Since then, due to the original proposed equity incentive draft of several important indicators are likely to make a larger adjustment, in view of the capital market system risk is greater, uncertainties increase, long Park group on May 6 announced the termination of the implementation of the aforementioned equity incentive plan. Compare the two plans before and after, China Securities News reporter found that the long-term Park group launched the Equity incentive plan to reduce the demand for compound growth rate of net profit, and increase the index of net assets yield, and after the implementation of the "10 per 10 shares to send 1 yuan" annual profit distribution scheme,  The line price of the plan was higher than that of the previous scheme, and the number of shares options and incentive targets increased. Public information shows that the Long Garden Group 2009 net profit of 141 million yuan, excluding non-recurrent profit and loss of the net profit of 128 million yuan, the first three quarters of this year net profit of 124 million yuan. If the company's equity incentive plan is passed, the performance to meet the requirements, the incentive to grant the right to all stock options, the company will be in 4 years to the company's employees targeted to raise funds of about 539.8 million yuan. The company said that the incentive scheme after the implementation of incentives to pay for the share subscription funds to supplement the company's liquidity.
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