Bursa Announcements
News
Offer Of Options Under The Employees Share Option Scheme For Eligible Employees And Executive Directors Of Gamuda Berhad ("Gamuda") And Its Subsidiaries (Excluding Dormant Subsidiaries) (Collectively "Gamuda Group") ("Scheme")
Dec 09, 2021
Type
Announcement
Subject
OTHERS
Description
OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME FOR ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS OF GAMUDA BERHAD ("GAMUDA") AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) (COLLECTIVELY "GAMUDA GROUP") ("SCHEME")
We refer to the Scheme which was approved by the shareholders of Gamuda at the Extraordinary General Meeting held on 8 December 2021.
Gamuda has made an offer ("Offer") of options ("Options") under the Scheme today. The details of which are as follows:-
NO.
DESCRIPTION OF OFFER
FACTS
1.
Date of Offer
9 December 2021
2.
Exercise price of Options offered
RM2.85
3.
Closing market price of Gamuda ordinary shares on date of Offer
RM2.96
4.
Total number of Options offered
Up to 210,154,000 Options
5.
Number of Options offered to the Executive Directors of Gamuda, their Alternate Directors and eligible employees of the Gamuda Group (“Other Eligible Employees”):
(i) Y. Bhg. Dato' Lin Yun Ling
6,000,000 Options
(ii) Y. Bhg. Dato' Ir Ha Tiing Tai
3,500,000 Options
(iii) Encik Mohammed Rashdan bin Mohd Yusof
3,500,000 Options
(iv) Mr. Justin Chin Jing Ho
3,000,000 Options
(v) Other Eligible Employees
Up to 194,154,000 Options
6.
Vesting period of the Options offered
Options are vested upon acceptance of the Offer; however shares will be subjected to moratorium over a period of 5 years
This announcement is dated 9 December 2021.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
09 Dec 2021
Category
General Announcement for PLC
Reference Number
GA1-09122021-00051
| Type | Announcement | ||||||||||||||||||||||||||||||||||||
| Subject | OTHERS |
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| Description |
OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME FOR ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS OF GAMUDA BERHAD ("GAMUDA") AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) (COLLECTIVELY "GAMUDA GROUP") ("SCHEME") |
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|
We refer to the Scheme which was approved by the shareholders of Gamuda at the Extraordinary General Meeting held on 8 December 2021.
Gamuda has made an offer ("Offer") of options ("Options") under the Scheme today. The details of which are as follows:-
This announcement is dated 9 December 2021. |
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Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 09 Dec 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09122021-00051 |