New Issue of Securities (Chapter 6 of Listing Requirements) : ESOS

Nov 24, 2015
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE ISSUANCE SCHEME FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF GAMUDA BERHAD (GAMUDA) AND ITS SUBSIDIARIES (COLLECTIVELY, GAMUDA GROUP) (SCHEME)

Gamuda has today made the second offer (“Offer”) of options (“Options”) under the Scheme. The details are as set out in the table below.

No. Description of Offer                                                   
1. Date of Offer 24 November 2015
2. Exercise price of Options offered RM4.45
3. Closing market price of Gamuda ordinary shares on the date of Offer RM4.50
4. Total number of Options offered 74,369,000 Options
5. Number of Options offered to the Executive Directors of Gamuda, their Alternate Directors and eligible employees of the Gamuda Group (“Other Eligible Employees”):  
  (i)    Dato' Lin Yun Ling   1,500,000 Options
  (ii)   Dato' Ir Ha Tiing Tai      800,000 Options
  (iii)  Dato' Goon Heng Wah      600,000 Options
  (iv)  Mr Saw Wah Theng      600,000 Options
  (v)   Dato' Haji Azmi bin Mat Nor      500,000 Options
  (vi)  Ir Chow Chee Wah      500,000 Options
  (vii) Ir Chan Kong Wah      500,000 Options
  (viii) Mr Ubull Din Om      325,000 Options
  (ix)  Mr Soo Kok Wong      252,000 Options
  (x)  Other Eligible Employees Up to 68,792,000 Options
6. Vesting period of the Options offered Options are vested upon acceptance of the Offer

This announcement is dated 24 November 2015.

 





Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 24 Nov 2015
Category General Announcement for PLC
Reference Number GA1-23112015-00033