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 24, 2025

 

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 eighth 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 24 January 2025
2. Exercise price of Options offered RM4.22
3. Closing market price of Gamuda ordinary shares on date of Offer RM4.19
4. Total number of Options offered Up to 40,502,000 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 two years

 

This announcement is dated 24 January 2025.

 


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 24 Jan 2025
Category General Announcement for PLC
Reference Number GA1-24012025-00031