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China Evergrande’s EV unit grants share options to directors, 3,000 plus employees to ‘promote and support’ development



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The electric vehicle (EV) unit of China Evergrande Group, the world’s most indebted developer, has granted share options worth HK$1.26 billion (US$162 million) to directors and employees in a bid to “promote and support” the company’s development, according to a filing on Tuesday.A total of 323.72 million share options were granted to three independent non-executive directors and around 3,180 employees of China Evergrande New Energy Vehicle. The share options will be exercisable in four…

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