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Notes to the Consolidated Financial Statements31 December 2024236ADVANCING AHEAD41.SHARE-BASED COMPENSATION PLAN (continued)C.Long Term Incentive Scheme (continued)The share price at grant date and vesting periods of the awarded shares outstanding under the Long Term Incentive Scheme outstanding as at 31 December 2024 and 2023 is as follows:Number of awarded sharesShare price atExercise period20242023grant date%u2019000%u2019000per share4511,008HK$24.3523-02-22 to 30-06-251,5115,631HK$22.7008-06-22 to 08-06-26%u2013316HK$12.9020-04-23 to 31-12-261,2032,166HK$11.3225-05-24to25-05-2775413HK$11.3208-06-23 to 08-06-26%u2013150HK$11.3225-05-24to25-05-27%u201369HK$11.3201-10-23 to 01-10-242,4073,249HK$11.3215-05-25to15-05-27843843HK$12.8820-07-23to30-06-27422562HK$12.8820-07-23to20-07-276,91214,407None of the awarded shares were granted during the year ended 31 December 2024. The total expense recognised in respect of the Long Term Incentive Scheme adopted by the Company for the year ended 31 December 2024 was US$9,038,000.At the date of approval of these financial statements, the Company had 6,912,000 awarded shares outstanding under the Long Term Incentive Scheme, which represented approximately 0.16% of the Company%u2019s shares in issue as at that date.