NOTION

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES NOTION VTEC BERHAD ("NVB" OR THE "COMPANY") - OFFER OF OPTIONS UNDER THE LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES OF NVB AND ITS SUBSIDIARIES AND DIRECTORS OF NVB ("LTIP")

NOTION VTEC BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
NOTION VTEC BERHAD ("NVB" OR THE "COMPANY") - OFFER OF OPTIONS UNDER THE LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES OF NVB AND ITS SUBSIDIARIES AND DIRECTORS OF NVB ("LTIP")

We refer to the announcement dated 24 February 2017 in relation to the implementation of the LTIP.

 

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of NVB wishes to announce that NVB has made the third offer of options to subscribe for new ordinary shares in the Company (“NVB Shares”) (“Options”) under the LTIP to its eligible employees today.

 

Details of the offer are set out in the attachment.

 

This announcement is dated 28 May 2020.




Please refer attachment below.

Attachments

NVB-3rd Offer for Option.pdf
105.2 kB



Announcement Info

Company Name NOTION VTEC BERHAD
Stock Name NOTION
Date Announced 28 May 2020
Category General Announcement for PLC
Reference Number GA1-28052020-00060