Bursa Announcements
News
Others
Feb 11, 2016
Type
Announcement
Subject
OTHERS
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") ADJUSTMENTS TO THE EXERCISE PRICE OF OUTSTANDING OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME ("ESOS") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 400,984,509 WARRANTS IN GAMUDA ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN GAMUDA ("RIGHTS ISSUE OF WARRANTS") ("ADJUSTMENT")
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the Circular dated 9 November 2015 in relation to the Rights Issue of Warrants, where applicable.
We refer to the Circular dated 9 November 2015 and the announcements dated 18 January 2016 and 22 January 2016 in relation to the Rights Issue of Warrants.
The Board of Directors of Gamuda wishes to inform that pursuant to the Rights Issue of Warrants, the exercise prices of 67,872,000 outstanding ESOS options issued on 10 April 2015 (“ESOS Options A”) and 73,287,000 outstanding ESOS options issued on 24 November 2015 (“ESOS Options B”) will be adjusted downwards in accordance with the provisions of the ESOS By-Laws, with the new exercise prices set out below:-
Previous exercise price (RM)
New exercise price (RM)
ESOS Options A
5.16
4.46
ESOS Options B
4.45
3.84
The Adjustment will take effect from 9.00 a.m. on Friday, 12 February 2016, being the next market day following the book closure date for the Rights Issue of Warrants.
This announcement is dated 11 February 2016.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
11 Feb 2016
Category
General Announcement for PLC
Reference Number
GA1-11022016-00025
| Type | Announcement | |||||||||
| Subject | OTHERS |
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| Description |
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") ADJUSTMENTS TO THE EXERCISE PRICE OF OUTSTANDING OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME ("ESOS") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 400,984,509 WARRANTS IN GAMUDA ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY SIX (6) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN GAMUDA ("RIGHTS ISSUE OF WARRANTS") ("ADJUSTMENT") |
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|
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the Circular dated 9 November 2015 in relation to the Rights Issue of Warrants, where applicable.
We refer to the Circular dated 9 November 2015 and the announcements dated 18 January 2016 and 22 January 2016 in relation to the Rights Issue of Warrants.
The Board of Directors of Gamuda wishes to inform that pursuant to the Rights Issue of Warrants, the exercise prices of 67,872,000 outstanding ESOS options issued on 10 April 2015 (“ESOS Options A”) and 73,287,000 outstanding ESOS options issued on 24 November 2015 (“ESOS Options B”) will be adjusted downwards in accordance with the provisions of the ESOS By-Laws, with the new exercise prices set out below:-
The Adjustment will take effect from 9.00 a.m. on Friday, 12 February 2016, being the next market day following the book closure date for the Rights Issue of Warrants.
This announcement is dated 11 February 2016. |
||||||||||
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 11 Feb 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11022016-00025 |