Pursuant to the Employees’ Share Award Scheme (“Scheme”) of Hong Kong Exchanges and Clearing Limited (“HKEx”), the board of directors (“Board”) of HKEx today resolved to provide a sum of HK$7.2 million for the purchase of shares of HK$1.00 each in the capital of HKEx (“Shares”) to be awarded to Mr Charles Li Xiaojia (“Mr Li”), the Executive Director and Chief Executive of HKEx.
The Board also provided a sum of HK$114.1 million for the purchase of Shares to be awarded to selected employees (excluding the Chief Executive of HKEx), including an amount of HK$30 million reserved for new recruits in 2011.
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