Pursuant to the Employees’ Share Award Scheme (“Scheme”) of Hong Kong Exchanges and Clearing Limited (“HKEx”), the board of directors of HKEx (“Board”) approved today a sum of HK$8.8 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$124.8 million for the purchase of Shares to be awarded to selected employees (excluding Mr Li), including an amount of HK$20 million reserved for the new recruits in 2012.
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