ADVENTA

0.670

-0.015 (-2.2%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS ADVENTA BERHAD ("ADVENTA" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEE SHARE SCHEME ("PROPOSED ESS")

ADVENTA BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
ADVENTA BERHAD ("ADVENTA" OR THE "COMPANY")

PROPOSED ESTABLISHMENT OF AN EMPLOYEE SHARE SCHEME ("PROPOSED ESS")

On behalf of the Board of Directors of Adventa ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the establishment of an employee share scheme, which comprises the proposed employee share option scheme ("Proposed ESOS") and the proposed share grant plan ("Proposed SGP"), of up to 15% of the issued share capital of the Company (excluding treasury shares of Adventa, if any) at any point in time during the duration of the employee share scheme, for the eligible employees and Directors of Adventa and its subsidiary companies ("Adventa Group" or the "Group"), which are not dormant, who fulfil the eligibility criteria as set out in the by-laws of the employee share scheme ("Proposed ESS").

Further details of the Proposed ESS are set out in the attachment enclosed.

 

This announcement is dated 28 March 2022.




Please refer attachment below.

Attachments

Adventa - Announcement.pdf
152.6 kB



Announcement Info

Company Name ADVENTA BERHAD
Stock Name ADVENTA
Date Announced 28 Mar 2022
Category General Announcement for PLC
Reference Number GA1-28032022-00055