Guotai Junan (02611) announced that 12 incentive recipients had terminated their labor contracts or failed to fully meet the performance appraisal standards. The company needed to repurchase and cancel all or part of the restricted A-share shares granted to the 12 incentive recipients. A total of approximately 88 per cent of A-share restricted shares were purchased and cancelled.jetcasinonodepositbonuscodes2022.02 million shares; after the completion of this repurchase and cancellation, the remaining A-share restricted shares under the company's "Incentive Plan" were changed to approximately 31.5806 million shares.
The company has opened in the Shanghai branch of China Securities Depository and Clearing Co., Ltd.jetcasinonodepositbonuscodes2022The special securities account for repurchase (account number: B883301187) has been opened and has applied for repurchase cancellation procedures. The above-mentioned approximately 880,200 restricted A-share shares whose sales restrictions have not been lifted are expected to be cancelled on May 27, 2024.