OTHERS ELSOFT RESEARCH BERHAD ("the Company" or "Elsoft") - Offer of Options under the Employee Share Option Scheme ("ESOS")
ELSOFT RESEARCH BERHAD |
Type | Announcement | ||||||||||||||||||||||||||||||
Subject | OTHERS |
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Description | ELSOFT RESEARCH BERHAD ("the Company" or "Elsoft") - Offer of Options under the Employee Share Option Scheme ("ESOS") |
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Pursuant to Paragraph 9.19(51) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Elsoft Research Berhad wishes to announce that the Company has on 5 July 2021 offered the following options to its employees under the ESOS in accordance with the ESOS by-laws of the Company:- (a) Option price per Share is RM0.64. (b) Number of Options offered are 4,000,000 Shares. (c) Market price of Elsoft’s Shares at the close of the market on the Offer Date is RM0.73. (d) Number of Options offered to each Director and the persons connected with them are as follows:-
Note:- (i) Person connected with Tan Ai Jiew (ii) Person connected with Tan Ah Lek (iii) Person connected with Tan Cheik Kooi
(e) Exercise period of the options offered: commencing from 5 July 2021 until 31 July 2022
This announcement is dated 5 July 2021.
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Announcement Info
Company Name | ELSOFT RESEARCH BERHAD |
Stock Name | ELSOFT |
Date Announced | 05 Jul 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-05072021-00104 |