KENANGA

1.080

(%)

OTHERS Kenanga Investment Bank Berhad ("KIBB") - Offer of Options under the Employees' Share Option Scheme ("ESOS")

KENANGA INVESTMENT BANK BERHAD

Type

Announcement

Subject

OTHERS

Description

Kenanga Investment Bank Berhad ("KIBB") 
- Offer of Options under the Employees' Share Option Scheme ("ESOS")

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KIBB wishes to announce that KIBB has made an offer of options under the ESOS to the eligible employees of KIBB and its non-dormant subsidiaries to subscribe for ordinary shares in KIBB under the ESOS. The details of such offer are as follows:

No.	Description	Date/ Amount
1.	Date of Offer of Options	1 July 2020
2.	Exercise Price of Options Offered	RM0.58
3.	Number of Options Offered	3,469,000
4.	Closing Market Price of the Shares on the Date of Offer	RM0.55
5.	Vesting Period of the Options Offered	Junior Staff 1 August 2020 Management staff and Above Annual Vesting from 2021 to 2023

This announcement is dated 1 July 2020.

Announcement Info

Company Name	KENANGA INVESTMENT BANK BERHAD
Stock Name	KENANGA
Date Announced	01 Jul 2020
Category	General Announcement for PLC
Reference Number	GA1-30062020-00037

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