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

Back Jul 27, 2021
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description

CYPARK RESOURCES BERHAD ("CRB" OR "COMPANY") - ESTABLISHMENT OF A NEW EMPLOYEES SHARE OPTION SCHEME ("ESOS") OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF CRB (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME OVER THE DURATION OF THE ESOS FOR THE ELIGIBLE EMPLOYEES AND DIRECTORS OF CRB AND ITS SUBSIDIARIES ("NEW ESOS")

Reference is made to the announcements dated 13 January 2021, 14 January 2021, 29 January 2021, 5 February 2021, 10 February 2021, 26 February 2021, 9 July 2021 and 14 July 2021. Unless otherwise defined, the definitions set out in the previous announcements and circular to shareholders of the Company dated 26 February 2021 shall apply herein.

 

Reference is made to the announcements in relation to the New ESOS.

 

On behalf of the Board, PIVB wishes to inform that the approved timeline set by Bursa Securities for the implementation of the New ESOS has lapsed on 26 July 2021. Pursuant thereto, the New ESOS is cancelled and will not be implemented.

 

This announcement is dated 27 July 2021.




Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 27 Jul 2021
Category General Announcement for PLC
Reference Number GA1-21072021-00028