Gamuda has today made the seventh 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 |
12 August 2024 |
2. |
Exercise price of Options offered |
RM7.29 |
3. |
Closing market price of Gamuda ordinary shares on date of Offer |
RM7.69 |
4. |
Total number of Options offered |
Up to 7,781,000 Options |
5. |
Number of Options offered to the Executive Directors of Gamuda and their Alternate Directors (if any) |
NIL |
6. |
Vesting period of the Options offered |
Options are vested upon acceptance of the Offer; however shares will be subjected to sale moratorium over a period of 3 years |
This announcement is dated 12 August 2024.