XDL

0.030

(%)

OTHERS XIDELANG HOLDINGS LTD ("THE COMPANY" OR "XDL") - OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF XDL AND ITS SUBSIDIARIES

XIDELANG HOLDINGS LTD

Type Announcement
Subject OTHERS
Description 
XIDELANG HOLDINGS LTD ("THE COMPANY" OR "XDL") - OFFER OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF XDL AND ITS SUBSIDIARIES

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of XDL wishes to announce that
the following options had been offered to the Eligible Employees of XDL and its subsidiaries:

 

Date of offer

9 October 2020

Exercise price of options offered

RM0.05 per share

Number of options offered

40,609,900

Market price of XDL’s shares on the date of offer

RM0.055 (closing price as at 9 October 2020)

Number of options offered to each Director of XDL and its subsidiaries and Person connected to Directors of XDL

N/A

Vesting period of the options offered

For the period of five (5) years until the expiry of the employees’ share option scheme on 2 September 2025 if no extension of the scheme is provided

 

This announcement is dated 9 October 2020.



Announcement Info

Company Name XIDELANG HOLDINGS LTD
Stock Name XDL
Date Announced 09 Oct 2020
Category General Announcement for PLC
Reference Number GA1-09102020-00014


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