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Sands China awards employee stock options


Sands China said in a regulatory filing that it has granted employees options on 552,500 of the company’s shares.

None of those granted the options were directors, or substantial shareholders in the company. Sands adopted the equity award plan in November 2009.

The options are for a period of 10 years and have a subscription price of $54.20, which is the price the shares closed at in Hong Kong on Monday. The shares have a 52-week range of $33.50 - $68.00.

 

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