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

Back Dec 29, 2022
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

:

28 December 2022

(b)

Exercise price of shares offered

:

RM0.38 (7.92% discount from volume-weighted average price of RM0.4127)

(c)

Number of shares offered

:

49,894,000

(d)

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

:

RM0.425

(e)

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

 

(i)

Tan Sri Razali Bin Ismail

:

1,000,000

 

(ii)

Dato' Daud Bin Ahmad

:

40,000,000

 

(iii)

Dato' Dr. Freezailah Bin Che Yeom

:

200,000

 

(iv)

Datuk Abdul Malek Bin Abdul Aziz

:

200,000

 

(v)

Headir Bin Mahfidz

:

200,000

 

(vi)

Datuk Megat Abdul Munir Bin Megat Abdullah Rafaie

:

200,000

(f)

Vesting period of the shares offered

:

Not applicable

This announcement is dated 29 December 2022.

 

Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 29 Dec 2022
Category General Announcement for PLC
Reference Number GA1-28122022-00077