We refer to the previous announcements in relation to the LTIP, which comprises employees share option scheme and the employees' share grant plan ("ESGP").
Pursuant to the LTIP implemented effective from 16 October 2013 and Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Omesti Berhad (“Omesti” or “the Company”) wishes to announce that Omesti has today made the award of 208,800 new ordinary shares of RM0.50 each (“Omesti Shares”) under the Restricted Share Plan (“RSP”) under the ESGP (“Award”) pursuant to the LTIP to the Directors, the details of which are set out in the table below.
Description of Award awarded under the ESGP
|
Date of Award
|
:
|
30 June 2016
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Exercise price of the Award
|
:
|
Not applicable as the Omesti Shares will be issued upon vesting at no consideration
|
Number of Omesti Shares awarded
|
:
|
208,800
|
Closing market price of the Omesti Shares on the date of Award
|
:
|
RM0.50
|
Number of Omesti Shares awarded to the following Directors of the Company:
Name
|
Designation
|
No. of Shares
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a) Monteiro Gerard Clair
|
Executive Director
|
104,400
|
b) Mah Xian-Zhen
|
Executive Director
|
104,400
|
|
Vesting date of the Omesti Shares awarded
|
:
|
1 July 2016
|
This announcement is dated 30 June 2016.