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

Jun 03, 2016
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description

OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE ISSUANCE SCHEME FOR ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF GAMUDA BERHAD (GAMUDA) AND ITS SUBSIDIARIES (COLLECTIVELY, GAMUDA GROUP) (SCHEME)

Gamuda has today made the third 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

3 June 2016

2.

Exercise price of Options offered

RM4.78

3.

Closing market price of Gamuda ordinary shares on the date of Offer

RM4.86

4.

Total number of Options offered

44,870,000 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' Ubull Din Om

65,000 Options

 

(ii) Other Eligible Employees 

Up to 44,805,000 Options

6.

Vesting period of the Options offered

Options are vested upon acceptance of the Offer


This announcement is dated 3 June 2016


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Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 03 Jun 2016
Category General Announcement for PLC
Reference Number GA1-03062016-00058