JNBY Clarifies Grant of Share Awards to Tang Yu; Transaction Classified as Connected but Fully Exempt under HKEX Rules

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JNBY Design Limited issued a supplemental announcement on 9 October 2026 to clarify details surrounding the share awards granted on 8 October 2026 under its 2026 Share Award Scheme.

The company confirmed that award recipient Ms. Tang Yu is not a director of JNBY Design Limited or any of its subsidiaries. As a result, the grant constitutes a connected transaction under Chapter 14A of the Hong Kong Listing Rules. However, because the grant involves neither the issuance of new shares nor the sale or transfer of treasury shares, and the monetary value falls below the thresholds stipulated in Rule 14A.76, it qualifies as a fully exempt transaction. Consequently, the grant does not require separate reporting, public announcement, or independent shareholders’ approval.

All other information disclosed in the original 8 October 2026 announcement remains unchanged, according to the filing signed by Chairman and Executive Director Mr. Wu Jian.

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Consequently, the grant does not require separate reporting, public announcement, or independent shareholders’ approval.</p>\n<p>All other information disclosed in the original 8 October 2026 announcement remains unchanged, according to the filing signed by Chairman and Executive Director Mr. Wu Jian.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03306","symbol_name":"江南布衣","start_time":0,"source_url":"","article_id":"1169973587","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169973587","pubTimestamp":1791548619,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"JNBY Design Limited issued a supplemental announcement on 9 October 2026 to clarify details surrounding the share awards granted on 8 October 2026 under its 2026 Share Award Scheme. 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