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")

Feb 22, 2023
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 fourth 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 22 February 2023
2. Exercise price of Options offered RM3.94
3. Closing market price of Gamuda ordinary shares on date of Offer RM4.06
4. Total number of Options offered Up to 28,507,000 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 up to 4 years

 

This announcement is dated 22 February 2023.

 


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 22 Feb 2023
Category General Announcement for PLC
Reference Number GA1-21022023-00072