BeiGene Commences New Offering Period for Employee Share Purchase Plan

MT Newswires Live
07 Mar

BeiGene (HKG:6160, SHA:688235) said a new offering period for its 2018 employee share purchase plan started on Monday and will last until Aug. 29, 2025.

1% to 10% of the payrolls of the eligible employees will be deducted during the offering period and will be used at the end of the offering period to purchase shares, including American depository shares, a Thursday Hong Kong bourse filing said.

The share purchase plan offers a 15% discount to the 4,218 eligible employees.

The enrollment period for the offering was from Feb. 17 to Feb. 28.

The closing price of the shares on Monday, the first day of the offering period, was $245.53 per American depository share.

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