DNEX

0.390

-0.01 (-2.5%)

OTHERS DAGANG NeXCHANGE BERHAD ("DNeX" OR THE "COMPANY") - OFFER AND GRANT OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME ("ESOS")

DAGANG NEXCHANGE BERHAD

Type

Announcement

Subject

OTHERS

Description

DAGANG NeXCHANGE BERHAD ("DNeX" OR THE "COMPANY")
- OFFER AND GRANT OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME ("ESOS")

During the financial period ending 30 June 2021, a total of 13,987,000 options were offered on 12 April 2021 pursuant to the ESOS at an option price of RM0.755 to eligible Directors and employees of the Company and its subsidiaries (excluding dormant subsidiaries). Details of the offer of the ESOS options are as follows:

No.	Description of offer under the ESOS
1.	Date of offer of the options	:	12 April 2021
2.	Exercise price of options offered	:	RM0.755
3.	Number of options offered	:	13,987,000
4.	Market price of the Company's shares on the date of offer	:	RM0.815
5.	Number of options offered to the following Directors:
	(i) Tan Sri Abd Rahman bin Mamat	:	419,400
	(ii) Rosli bin Abdullah	:	419,400
	(iii) Ang Hsin Hsien	:	419,400
	(iv) Datuk Johar bin Che Mat	:	419,400
	(v) Mohd Azhar bin Mohd Yusof	:	419,400
	(vi) Zainal ‘Abidin bin Abd Jalil	:	419,400
	(vii) Dato’ Sri Syed Zainal Abidin bin Syed Mohamed Tahir	:	10,000,000
6.	Vesting period of the options offered	:	First 25%: 13 April 2021 until end of the duration of the ESOS Second 25%: 13 October 2021 until end of the duration of the ESOS Third 25%: 13 April 2022 until end of the duration of the ESOS Fourth 25%: 13 October 2022 until end of the duration of the ESOS

This announcement is dated 12 April 2021.

Announcement Info

Company Name	DAGANG NEXCHANGE BERHAD
Stock Name	DNEX
Date Announced	12 Apr 2021
Category	General Announcement for PLC
Reference Number	GA1-12042021-00095

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