Gamuda has today made the fourth 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
|
8 November 2016
|
|
2.
|
Exercise price of Options offered
|
RM4.88
|
|
3.
|
Closing market price of Gamuda ordinary shares on the date of Offer
|
RM4.90
|
|
4.
|
Total number of Options offered
|
5,963,000 Options
|
|
5.
|
Number of Options offered to each of the Executive Director of Gamuda and their Alternate Directors, if any
|
Nil
|
|
6.
|
Vesting period of the Options offered
|
Options are vested upon acceptance of the Offer
|
This announcement is dated 8 November 2016.