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iFlytek Issues Stock Option Incentives to Employees

Sohu IT, 12/18/12

Chinese voice recognition software firm Anhui USTC iFlytek (002230.SZ) has announced that the company has issued 1.65 mln stock options to 78 employees on December 17, 2012 as part of its stock option incentive plan. The options, with a strike price of RMB 26.8 per share, account for 4.35% of the company's total shares with a total estimated value of approximately RMB 44 mln.

Keywords: wireless iFlytek stock option 002230.SZ voice recognition HR

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