ESGL Holdings Ltd. Adopts Equity Incentive Plan
Ticker: OIOWW · Form: 6-K · Filed: Jan 15, 2025 · CIK: 1957538
| Field | Detail |
|---|---|
| Company | Esgl Holdings Ltd (OIOWW) |
| Form Type | 6-K |
| Filed Date | Jan 15, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-incentive-plan, stock-awards, corporate-governance
TL;DR
ESGL just launched an equity incentive plan, unlocking 1.2M shares for awards.
AI Summary
ESGL Holdings Limited announced the adoption of its Equity Incentive Plan on December 16, 2024, which became effective on January 2, 2025. The plan allows for the granting of Unrestricted Stock Awards, with a maximum of 1,201,821 ordinary shares available for issuance.
Why It Matters
This plan allows ESGL to incentivize its employees and management through stock awards, potentially aligning their interests with shareholders and driving future performance.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of an equity incentive plan, which is a standard corporate governance practice.
Key Numbers
- 1,201,821 — Shares Available (Maximum number of ordinary shares authorized for issuance under the new Equity Incentive Plan.)
Key Players & Entities
- ESGL Holdings Limited (company) — The company filing the report and adopting the plan.
- 1,201,821 (dollar_amount) — The maximum number of ordinary shares available for issuance under the Equity Incentive Plan.
- December 16, 2024 (date) — Date the board of directors approved the Equity Incentive Plan.
- January 2, 2025 (date) — Effective date of the Equity Incentive Plan.
FAQ
What is the primary purpose of the ESGL Holdings Limited Equity Incentive Plan?
The plan provides for the granting and issuance of Unrestricted Stock Awards to incentivize employees and management.
When was the Equity Incentive Plan approved by the board of directors?
The board of directors approved and adopted the Company's Equity Incentive Plan on December 16, 2024.
When did the Equity Incentive Plan become effective?
The Equity Incentive Plan became effective on January 2, 2025.
What is the maximum number of shares that can be issued under the plan?
The maximum number of shares available for the grant and issuance of Unrestricted Stock Awards under the plan is 1,201,821 ordinary shares.
What type of stock awards can be granted under the plan?
The plan provides for the granting and issuance of Unrestricted Stock Awards.
Filing Stats: 228 words · 1 min read · ~1 pages · Grade level 12.3 · Accepted 2025-01-15 11:26:16
Filing Documents
- form6-k.htm (6-K) — 18KB
- ex10-1.htm (EX-10.1) — 111KB
- 0001493152-25-002309.txt ( ) — 130KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For January 2025 Commission File No. 001-41772 ESGL Holdings Limited 101 Tuas South Avenue 2 Singapore 637226 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F Other Information On December 16, 2024, the board of directors of ESGL Holdings Limited (the “Company”) approved and adopted the Company’s Equity Incentive Plan (the “Plan”), which became effective on January 2, 2025. The Plan provides for the granting and issuance of Unrestricted Stock Awards (as defined in the Plan). The maximum number of shares available for the grant and issuance of such Unrestricted Stock Awards under the Plan is 1,201,821 ordinary shares of the Company. A copy of the Plan is filed hereto as Exhibit 10.1 and incorporated herein by reference. Exhibits Exhibit No. Description 10.1 ESGL Holdings Limited Equity Incentive Plan SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ESGL Holdings Limited By: /s/ Ho Shian Ching Name: Ho Shian Ching Title: Chief Financial Officer Dated: January 15, 2025