Geely Automobile Holdings Ltd (ASX: GELYY) has announced the issuance of 20,000 new shares on September 23, 2026, following the exercise of share options by group employees under the share option scheme adopted on April 28, 2023.

The share issuance was disclosed in a company filing, reflecting the routine exercise of employee incentives under the pre-approved scheme. The new shares represent a minor addition to the company's total issued share capital, consistent with standard equity compensation practices.

This move aligns with Geely Automobile's ongoing commitment to employee reward programs, which are designed to align staff interests with long-term shareholder value. The issuance does not indicate any change in the company's strategic direction or operational outlook.