NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS PRIVASIA TECHNOLOGY BERHAD (“PRIVASIA TECHNOLOGY” OR THE “COMPANY”) I. PROPOSED ESOS; AND II. PROPOSED ALLOCATION (COLLECTIVELY REFERRED TO AS THE “PROPOSALS’’)
| PRIVASIA TECHNOLOGY BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | PRIVASIA TECHNOLOGY BERHAD (“PRIVASIA TECHNOLOGY” OR THE “COMPANY”) I. PROPOSED ESOS; AND II. PROPOSED ALLOCATION (COLLECTIVELY REFERRED TO AS THE “PROPOSALS’’) |
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On behalf of the Board of Directors of Privasia Technology, Alliance Islamic Bank Berhad wishes to announce that the Company proposes to undertake the following:
(i) proposed establishment of an employees’ share option scheme (“ESOS”) of up to 10% of the total number of issued shares of the Company (excluding treasury shares, if any) for the eligible directors and employees of the Company and its subsidiaries (excluding dormant subsidiaries, if any) (“Proposed ESOS”); and
(ii) proposed allocation of ESOS options to the eligible directors of the Company pursuant to the Proposed ESOS (“Proposed Allocation”).
The Proposed ESOS and the Proposed Allocation are collectively referred to as the “Proposals”.
Further details of the Proposals are set out in the attachment enclosed.
This announcement is dated 17 March 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | PRIVASIA TECHNOLOGY BERHAD |
| Stock Name | PRIVA |
| Date Announced | 17 Mar 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16032025-00001 |