Offer And Grant Of Options Under The Employees' Share Option Scheme ("ESOS")

Back Jan 03, 2020
Type Announcement
Subject OTHERS
Description

Cypark Resources Berhad ("CRB" or "the Company") - Offer and Grant of Options under the Employees' Share Option Scheme ("ESOS")

Pursuant to Paragraph 9.19(51) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, CRB wishes to announce the share option of ordinary shares of the Company offered under the ESOS, as follows:

(a)

Date of offer

:

30 December 2019

(b)

Exercise price of shares offered

:

RM1.24

(c)

Number of shares offered

:

 
33,800,000

(d)

Market price of the Company's shares on the date of the offer

:

RM1.38

(e)

Number of shares offered to the Company's Directors under the ESOS

 

(i)

Tan Sri Razali Bin Ismail

:

4,000,000

 

(ii)

Dato' Daud Bin Ahmad

:

12,000,000

 

(iii)

Dato' Dr. Freezailah Bin Che Yeom

:

300,000

 

(iv)

Datuk Abdul Malek Bin Abdul Aziz

:

300,000

 

(v)

Headir Bin Mahfidz

:

300,000

 

(vi)

Megat Abdul Munir Bin Megat Abdullah Rafaie

:

300,000

(f)

Vesting period of the shares offered

:

Not applicable

This announcement is dated 3 January 2020.

 




Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 03 Jan 2020
Category General Announcement for PLC
Reference Number GA1-03012020-00034