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")

Jan 21, 2022
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")

Gamuda has today made the second offer ("Offer") of options ("Options") under the Scheme.

 

The details are set out in the table below: -

 

NO. DESCRIPTION OF OFFER FACTS
1. Date of Offer 21 January 2022
2. Exercise price of Options offered RM2.83
3. Closing market price of Gamuda ordinary shares on date of Offer RM2.78
4. Total number of Options offered Up to 11,834,000 Options
5.

Number of Options offered to the Executive Directors of Gamuda and their Alternate Directors 

Nil
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 21 January 2022.




Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 21 Jan 2022
Category General Announcement for PLC
Reference Number GA1-21012022-00103