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According to the news on January 21, Tencent Holdings announced on the Hong Kong Stock Exchange that on January 20, 2023, the board of directors has resolved to issue a total of 9,771,625 new shares in accordance with the general mandate granted by the company’s shareholders at the 2022 annual general meeting, in order to ( i) A total of 6,712,160 Awarded Shares were issued under the Share Award Scheme for awards granted to not less than 6,600 awardees during the period from March 2022 to August 2022; and (ii) as the Company announced on January 9, 2023 The Japanese Exchange announced that a total of 3,059,465 additional award shares were issued for the relevant awards based on the adjustments made for the distribution in specie. The purpose of the issuance is to (i) recognize the contributions made by the awardees and attract and retain the talents needed for the Group’s continuous operation and development; and (ii) reflect the adjustment of the award shares due to the distribution in specie. 【TechWeb】
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