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")

Mar 08, 2024

 

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 sixth 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 8 March 2024
2. Exercise price of Options offered RM5.03
3. Closing market price of Gamuda ordinary shares on date of Offer RM5.07
4. Total number of Options offered Up to 16,484,000 Options
5. Number of Options offered to the Executive Directors of Gamuda and their Alternate Director 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 3 years

 

This announcement is dated 8 March 2024.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 08 Mar 2024
Category General Announcement for PLC
Reference Number GA1-04032024-00050