Galaxy Entertainment Group (GEG) has issued new share options and share awards to selected executive directors and employees as part of its long term incentive framework, according to an announcement released on December 31 2025.
The grants include 210,000 share options with an exercise price of HK$38.60 per share, along with 8,355,200 share awards that require a payment of HK$1.00 upon acceptance. The market price on the date of grant was HK$38.32 per share.
Several senior figures received allocations. Chairman Francis Lui was granted 1,443,900 share awards, while executive director Paddy Tang Lui Wai Yu received 84,000 share options and 26,800 awards. Other executive directors and associate employees were also included.
The share options will vest across three dates from December 31 2026 to December 31 2028, with an exercise window extending to December 30 2031. The share awards follow a similar three stage vesting arrangement.
GEG confirmed that no performance targets or clawback mechanisms are attached to either scheme. The Remuneration Committee stated that the grants reflect market practice and are meant to align employee incentives with shareholder interests over the long term.
The company also noted that eligible employees may apply for a short term interest free loan to facilitate the future purchase of shares upon exercising their options. The grants remain within the mandate limit approved in May 2023, with more than 404 million shares still available for future issuance.
The grants fall within the mandate limit approved at GEG's 2023 Annual General Meeting
