Marbridge Daily

<- May 10, 2010 ->

AirMedia CEO Donates 13 Mln Shares to Incentive Plan

China Securities Journal, 5/10/10

Chinese digital media network operator AirMedia Group (Nasdaq: AMCN) announced today that chairman and CEO Herman Man Guo will contribute 13 mln of his own shares (equivalent to 6.5 mln ADS) for a three-year recruitment incentive program. The plan has already been endorsed by the board of directors.

At the latest share price, the fund will be worth USD 32.5 mln.

 
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