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Beike Pharma: New Subscription Period for 2018 Employee Stock Purchase Plan from March 2 to August 31
BeiGene (06160) announced that the new subscription period for the 2018 Employee Share Purchase Plan will run from March 2, 2026, to August 31, 2026. Eligible employees will purchase shares (including in the form of American Depositary Shares) after the subscription period ends, with the purchase funds deducted from their salary earned during the subscription period.
The 2018 Employee Share Purchase Plan allows eligible employees to subscribe for shares at a 15% discount to the market price (including in the form of American Depositary Shares). Employees can purchase shares after the subscription period ends, with the purchase funds deducted from their salary earned during the subscription period. The 2018 Employee Share Purchase Plan is managed by the Compensation Committee of the Board of Directors.
The company believes that continuously providing its employees with the opportunity to acquire ownership interests through participation in the 2018 Employee Share Purchase Plan encourages them to remain employed with the company and aligns their interests more closely with those of the company’s shareholders, which is in the best interests of the company and its shareholders.