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

Nov 08, 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 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.




Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 08 Nov 2016
Category General Announcement for PLC
Reference Number GA1-08112016-00018