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") (Amended Announcement)

Jan 24, 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")

Further to our announcement made on 21 January 2022 pertaining to the second offer ("Offer") of options ("Options") under the Scheme, we wish to inform that the date of offer of the Options should be 24 January 2022 instead of 21 January 2022. 

 

Hence, the details set out in the table below are amended as follows: -

 

NO. DESCRIPTION OF OFFER FACTS

1.

Date of Offer 24 January 2022

2.

Exercise price of Options offered RM2.83
3. Closing market price of Gamuda ordinary shares on the date of Offer RM2.80
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 24 January 2022.




Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 24 Jan 2022
Category General Announcement for PLC
Reference Number GA1-24012022-00033