-- Uni-Bio Science (HKG:0690) proposed to terminate its existing share option scheme and adopt a new one, according to a Thursday Hong Kong bourse filing.
Shares of the firm were down nearly 1% in Friday late morning trade.
The current scheme, adopted in September 2016, is set to expire in September and will no longer allow new grants.
As of the announcement date, 420.6 million options remain outstanding under the scheme.
The company said the new scheme aims to continue incentivising and rewarding eligible participants for their contributions.