{"id":16712,"date":"2021-04-08T15:59:10","date_gmt":"2021-04-08T15:59:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16712"},"modified":"2026-04-23T20:31:37","modified_gmt":"2026-04-23T23:31:37","slug":"melco-gives-share-options-to-directors","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-gives-share-options-to-directors","title":{"rendered":"Melco gives share options to directors"},"content":{"rendered":"\n<p>Melco International Development has announced that directors and \u201ccertain employees\u201d have been granted a purchase option on shares.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Casino investor\u00a0<strong>Melco International Development <\/strong>has announced it has granted a\u00a0<strong>purchase option to directors<\/strong>\u00a0worth in aggregate about HKD16.4m (US$2.1m).<\/p>\n\n\n\n<p>The company revealed in a filing to&nbsp;<strong>the Hong Kong Stock Exchange<\/strong>&nbsp;that a total of&nbsp;<strong>1,002,000 share options, with an exercise price of HKD16.38 each<\/strong>, have been granted.&nbsp;<\/p>\n\n\n\n<p>Melco International\u00a0<strong>directors were also granted<\/strong>\u00a0an aggregate of 369,000 options.<\/p>\n\n\n\n<p>Director&nbsp;<strong>Clarence Chung Yuk Man<\/strong>&nbsp;received an option to subscribe to&nbsp;<strong>204,000 shares<\/strong>, worth an aggregate of HKD3.34m.<\/p>\n\n\n\n<p>The group, which is the\u00a0<strong>majority owner of Macau-based casino operator Melco Resorts &amp; Entertainment<\/strong>, has recently <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-posts-losses-of-us1-59bn-for-2020\"><em>reported that net revenues were down 70.2 per cent year-on-year to HK$13.42bn (US$1.73bn)<\/em><\/a>\u00a0in 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Melco International Development has announced that directors and \u201ccertain employees\u201d have been granted a purchase option on shares.<\/p>\n","protected":false},"author":176,"featured_media":16713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco International Development has granted share purchase options valued at approximately HKD16.4m (US$2.1m) to its directors and select employees, with an exercise price of HKD16.38 per share. This equity incentive program follows a significant 70.2% year-on-year decline in net revenues for 2020, underscoring a strategic move to align executive and employee interests with long-term shareholder value amidst challenging market conditions.","focusai_entities":"Melco International Development, Melco Resorts & Entertainment, Clarence Chung Yuk Man","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.8), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Dilution Impact Analysis?","query":"What is the projected dilution impact of these share options on Melco International's outstanding shares, and how does this align with long-term shareholder value creation given the recent revenue performance?"},{"label":"Vesting Conditions?","query":"What specific performance metrics or strategic objectives are tied to the vesting schedule of these share options, particularly in the context of the reported 70.2% revenue decline?"}],"footnotes":""},"categories":[16338,163],"tags":[23906,665],"class_list":["post-16712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau-casinos","tag-melco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16712"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16712\/revisions"}],"predecessor-version":[{"id":16720,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16712\/revisions\/16720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16713"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}