MHCARE

0.620

(%)

OTHERS METRO HEALTHCARE BERHAD (METRO OR THE COMPANY) - Offer and Grant of Options under the Employees Share Option Scheme (ESOS)

Amended Announcements
Please refer to the earlier announcement reference number: GA1-20102021-00121

METRO HEALTHCARE BERHAD

Type Announcement
Subject OTHERS
Description
METRO HEALTHCARE BERHAD (METRO OR THE COMPANY)
- Offer and Grant of Options under the Employees Share Option Scheme (ESOS)

The Company wishes to announce that the Company has made an offer of options of a total of 48,000,000 at the option price of RM0.37 to eligible employees and Directors of the Company in accordance with the By-Laws of the ESOS.

 

The details of the offer of share options are as follows:-

 

No. 

Description of Options under the ESOS

 

 

1.

Date of offer of the options          

:

20 October 2021

2.

Exercise price of options offered 

:

RM0.37

3.

Number of options or shares offered       

:

48,000,000

4.

Market price of the Company's security on the date of offer

:

RM0.41

5.

Number of options or shares offered to each director

 

 

 

Managing Director:

 

 

 

1. Mr. Lim Wai Khong        

:

3,000,000

 

Non-Executive Directors:

 

 

 

1. Mr. Tee Siew Kai  

:

3,000,000

 

2. Mr. Seah Cheong Wei   

:

200,000

6.

 Vesting period of the options or shares offered   

:

First 10% : 20/10/2021 until end of the duration of the ESOS Scheme.

Second 10% : 20/10/2022 until end of the duration of the ESOS Scheme.

Third 20% : 20/10/2024 until end of the duration of the ESOS Scheme.

Fourth 60% : 20/10/2025 until end of the duration of the ESOS Scheme.

 

 

This announcement is dated 24 November 2021.






Announcement Info

Company Name METRO HEALTHCARE BERHAD
Stock Name MHCARE
Date Announced 24 Nov 2021
Category General Announcement for PLC
Reference Number GA1-24112021-00081