SU Group (SUGP) CEO details Class A and Class B share holdings
Rhea-AI Filing Summary
SU Group Holdings Ltd Chairman and CEO Chan Ming Dave filed an initial ownership report showing his equity position in the company. He holds 10,000 Class A Ordinary Shares directly, plus 20,000 Restricted Shares granted on December 9, 2024 under the 2024 Equity Incentive Plan. These restricted shares vest in two equal tranches: 10,000 after completion of the issuer’s secondary offering on a date set by the board, and 10,000 on December 9, 2026, subject to continued service or award terms. He also has indirect ownership of 842,280 Class B Ordinary Shares through Exceptional Engineering Limited and 59,400 Class B Ordinary Shares through DC & Partners Incorporation Limited, both wholly owned by him. Each Class B Ordinary Share is convertible at the holder’s option into one Class A Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Represents 20,000 Restricted Shares granted to the Reporting Person on December 9, 2024 under the Issuers 2024 Equity Incentive Plan, as amended. The Restricted Shares are subject to the following vesting schedule, contingent upon continued service of the Reporting Person at the time of vesting or as otherwise provided for in the applicable award agreement: (i) 10,000 Restricted Shares vest on such date after the completion of the Issuers Secondary Offering as determined by the Issuers Board of Directors and (ii) 10,000 Restricted Shares will vest on December 9, 2026. Each Class B Ordinary Share is convertible at the option of the holder into one Class A Ordinary Share. Exceptional Engineering Limited, a company incorporated in the British Virgin Islands, is wholly owned by the Reporting Person. DC & Partners Incorporation Limited, a company incorporated in the British Virgin Islands, is wholly owned by the Reporting Person.
