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OTHERS JOHOR PLANTATIONS GROUP BERHAD
ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(51) OF THE MAIN MARKET LISTING REQUIREMENTS - GRANT OF SHARES UNDER THE LONG-TERM INCENTIVE PLAN ("LTIP")
JOHOR PLANTATIONS GROUP BERHAD
Type
Announcement
Subject
OTHERS
Description
JOHOR PLANTATIONS GROUP BERHAD
ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(51) OF THE MAIN MARKET LISTING REQUIREMENTS - GRANT OF SHARES UNDER THE LONG-TERM INCENTIVE PLAN ("LTIP")
The Board of Directors of Johor Plantations Group Berhad ("JPG" or the "Company") wishes to announce the following information in relation to the grant of shares under the LTIP of the Company:
Date of award
:
30th June 2026
Exercise price of LTIP Shares awarded
:
Not applicable
Number of LTIP Shares awarded
:
4,723,900
Market price of JPG Shares on the date of award
:
RM1.56 (based on 90D-VWAP as at 25 March 2026)
Number of LTIP Shares awarded to Directors, if any
:
900,800 shares to Mohd Faris Adli Shukery (Managing Director)
Number of LTIP Shares awarded to other eligible employees
:
3,823,100
Vesting Period of LTIP Shares awarded
:
Up to 3 years from 30th June 2026
Note:
The number of LTIP Shares to be vested to the Eligible Employee(s) will be conditional upon fulfilling the vesting conditions set by JPG.