GREATEC

4.480

-0.14 (-3%)

OTHERS GREATECH TECHNOLOGY BERHAD ("Greatech" or "the Company") - AWARD OF SHARES UNDER GREATECH'S EMPLOYEES' SHARES GRANT PLAN ("SGP")

GREATECH TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description
GREATECH TECHNOLOGY BERHAD ("Greatech" or "the Company")
- AWARD OF SHARES UNDER GREATECH'S EMPLOYEES' SHARES GRANT PLAN ("SGP")

Pursuant to the Long Term Incentive Plan ("LTIP") implemented effective from 11 January 2021 and Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has on today made an award of shares under the SGP to the Eligible Employees of the Company, the details of which are set out in the table below:- 

 

No.

Description

SGP

1.

Date of award

24 November 2022

2.

Exercise price

Not applicable 

3.

Number of shares awarded

2,500,000 ordinary shares

4.

Closing market price of the Company's share on 23 November 2022

RM3.88

5.

Shares awarded to the Company’s Executive Directors/Principal Officers

Name

Director/Principal Officer

No. of Shares Awarded

Koay Lin Lin

Principal Officer

60,000 ordinary shares

6.

Vesting period

3 years

 

This announcement is dated 24 November 2022.






Announcement Info

Company Name GREATECH TECHNOLOGY BERHAD
Stock Name GREATEC
Date Announced 24 Nov 2022
Category General Announcement for PLC
Reference Number GA1-24112022-00027