During the meeting, the shareholders approved the amendments to Section 3.1(a) of the Company's 2011 Share Incentive Plan, pursuant to which the Section 3.1(a) is amended and restated as set forth below:
Subject to the provisions of Article 10 and Section 3.1(b), the maximum aggregate number of Shares which may be issued pursuant to all Awards (including Incentive Share Options, the "
Award Pool") shall equal to five percent (5%) of the total issued and outstanding Shares as of the date when the Shareholders approve this provision; provided that, the Shares reserved in the Award Poolshall be increased automatically if and whenever the unissued Shares reserved in the Award Poolaccounts for less than one percent (1%) of the total then issued and outstanding Shares, as a result of which increase the Shares reserved in the Award Poolimmediately after each such increase shall equal to five percent (5%) of the then issued and outstanding Shares.
CONTACT: For investor and media inquiries please contact: Mr.Source:
Bowen LiuDirector of Investor Relations ChinaCache International HoldingsTel: +86 (10) 6437 3399 Email: firstname.lastname@example.org
News Provided by Acquire Media