ITMAX

2.300

+0.01 (+0.4%)

OTHERS ITMAX SYSTEM BERHAD ("ITMAX SYSTEM" OR "COMPANY") LONG TERM INCENTIVE PLAN (LTIP) EFFECTIVE DATE AND OFFER OF OPTIONS UNDER ITMAX SYSTEMS EMPLOYEES SHARE OPTION SCHEME ("ESOS")

ITMAX SYSTEM BERHAD

Type Announcement
Subject OTHERS
Description
ITMAX SYSTEM BERHAD ("ITMAX SYSTEM" OR "COMPANY")

LONG TERM INCENTIVE PLAN (LTIP) EFFECTIVE DATE AND OFFER OF OPTIONS UNDER ITMAX SYSTEMS EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Unless otherwise stated, all defined terms used in this announcement shall have the same meaning as those defined in the Prospectus dated 25 November 2022 issued by ITMAX System (“Prospectus”).

 

On behalf of the Board, the Principal Adviser wishes to announce that the effective date of the LTIP is on 6 December 2022 after obtaining all required approvals and complying with the relevant provisions of the Listing Requirements. Pursuant to Paragraph 9.19(51) of the Listing Requirements, ITMAX System wishes to announce that the Company has on 6 December 2022 offered a total of 25,000,000 ESOS Options to the eligible directors (excluding independent directors) and eligible executives of the Group under the LTIP, further details of which are as set out in Section 4.2.6 of the Prospectus.

 

Please refer to the attachment for further details of the offer.

 

The announcement is dated 6 December 2022.




Please refer attachment below.

Attachments

ITMAX - ESOS 6.12.22.pdf
81.0 kB



Announcement Info

Company Name ITMAX SYSTEM BERHAD
Stock Name ITMAX
Date Announced 06 Dec 2022
Category General Announcement for PLC
Reference Number GA1-06122022-00029