Bursa Announcements
News
Offer Of Options Under The Employees Share Issuance Scheme For Eligible Employees Of Gamuda Berhad ("Gamuda") And Its Subsidiaries (Collectively "Gamuda Group") ("Scheme")
Nov 08, 2019
Type
Announcement
Subject
OTHERS
Description
OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE ISSUANCE SCHEME FOR ELIGIBLE EMPLOYEES OF GAMUDA BERHAD ("GAMUDA") AND ITS SUBSIDIARIES (COLLECTIVELY "GAMUDA GROUP") ("SCHEME")
Gamuda has today made an offer ("Offer") of options ("Options") under the Scheme, the details of which are as follows:-
NO.
DESCRIPTION OF OFFER
FACTS
1.
Date of Offer
8 November 2019
2.
Exercise price of Options offered
RM3.65
3.
Closing market price of Gamuda ordinary shares on date of Offer
RM3.77
4.
Total number of Options offered
Up to 33,071,000 Options
5.
Number of Options offered to each of the Executive Director of Gamuda and their Alternate Directors:-
(i) Y. Bhg. Dato' Lin Yun Ling
750,000 Options
(ii) Y. Bhg. Dato' Ir Ha Tiing Tai
400,000 Options
(iii) Y. Bhg. Dato' Ubull a/l Din Om
180,000 Options
(iv) Encik Mohammed Rashdan bin Mohd Yusof
400,000 Options
6.
Vesting period of the Options offered
Options are vested upon acceptance of the Offer
This announcement is dated 8 November 2019.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
08 Nov 2019
Category
General Announcement for PLC
Reference Number
GA1-08112019-00068
| Type | Announcement |
| Subject | OTHERS |
| Description |
OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE ISSUANCE SCHEME FOR ELIGIBLE EMPLOYEES OF GAMUDA BERHAD ("GAMUDA") AND ITS SUBSIDIARIES (COLLECTIVELY "GAMUDA GROUP") ("SCHEME") |
Gamuda has today made an offer ("Offer") of options ("Options") under the Scheme, the details of which are as follows:-
| NO. | DESCRIPTION OF OFFER | FACTS |
| 1. | Date of Offer | 8 November 2019 |
| 2. | Exercise price of Options offered | RM3.65 |
| 3. | Closing market price of Gamuda ordinary shares on date of Offer | RM3.77 |
| 4. | Total number of Options offered | Up to 33,071,000 Options |
| 5. |
Number of Options offered to each of the Executive Director of Gamuda and their Alternate Directors:- |
|
| (i) Y. Bhg. Dato' Lin Yun Ling | 750,000 Options | |
| (ii) Y. Bhg. Dato' Ir Ha Tiing Tai | 400,000 Options | |
| (iii) Y. Bhg. Dato' Ubull a/l Din Om | 180,000 Options | |
| (iv) Encik Mohammed Rashdan bin Mohd Yusof | 400,000 Options | |
| 6. | Vesting period of the Options offered | Options are vested upon acceptance of the Offer |
This announcement is dated 8 November 2019.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 08 Nov 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08112019-00068 |