Kuaishou-W (01024) issues 1.4315 million shares due to the exercise of options

According to the Zhitong Finance App, Kuaishou-W (01024) announced that the company exercised options to issue 1.4315 million shares in accordance with the initial public offering after-sales share option plan (adopted on January 18, 2021).

The pre-initial public offering employee share ownership plan (adopted on February 6, 2018) was used as an option to issue 183,800 shares.

32 million new shares were issued and held by a trustee to honor the ownership of restricted share units granted under the 2023 Share Incentive Plan.

6.3 million new shares were issued and held by a trustee to honor the ownership of restricted share units granted under the Restricted Share Units Program after the Initial Public Offering.