BRIEF-Great Wall Motor Announces Updates Of 2021 Restricted Share Incentive Scheme And Share Option Incentive Scheme

Reuters2021-07-22

July 22 (Reuters) - Great Wall Motor Co Ltd :

* SAYS BOARD APPROVES 2021 RESTRICTED SHARE INCENTIVE SCHEME TO GRANT RESTRICTED SHARES TO 577 PERSONS AT 16.78 YUAN PER SHARE, TOTAL AMOUNT AT 1.17 BILLION YUAN ($180.91 million)

* SAYS BOARD APPROVES 2021 SHARE OPTION INCENTIVE SCHEME TO GRANT SHARE OPTIONS TO 8,535 PERSONS AT 33.56 YUAN PER SHARE, THEORETICAL VALUE OF 312.6 MILLION SHARE OPTIONS IS 6.15 BILLION YUAN

Source text in Chinese: Further company coverage:

($1 = 6.4672 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)

((twinnie.siu@tr.com; 852-3462 7715;))

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