China Securities Regulatory Commission, Tentative Measures for the Administration of Employee Shareholding Schemes of Listed Companies (Draft for Comments)
中国证券监督管理委员会上市公司员工持股计划管理暂行办法 (征求意见稿)
November 12, 2012 | BY
CLP Temp &Main contents: The total number of shares involved in all the valid employee shareholding schemes of a listed company may not exceed 10% of the company's…
Main contents: The total number of shares involved in all the valid employee shareholding schemes of a listed company may not exceed 10% of the company's total share capital. Employees may not use more than one third of their family financial assets to participate in such schemes and the lock-up period may not be less than 36 months.
issued:2012-08-04Main contents: The total number of shares involved in all the valid employee shareholding schemes of a listed company may not exceed 10% of the company's total share capital. Employees may not use more than one third of their family financial assets to participate in such schemes and the lock-up period may not be less than 36 months.
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