Offer of Options Under the Employees' Share Option Scheme Of The Company (ESOS)

BackMar 29, 2021
Type Announcement
Subject OTHERS
Description

MR D.I.Y. GROUP (M) BERHAD ("MDGM" OR "THE COMPANY") - OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY (ESOS)

The ESOS which was implemented by the Company on 22 October 2020 refers.

Pursuant to 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 offer of options to an eligible employee of the Group to subscribe for new ordinary shares in the Company under the ESOS. The details of the offer are as follows:-

 

Date of Offer of the ESOS Options

   :

29 March 2021

Exercise Price of ESOS Options offered

   :

RM3.47

Number of ESOS Options offered

   :

390,000 options

Closing Market price of MDGM’s shares on the date of offer

   : 

RM3.86

Number of ESOS Options offered to the Director, if any

   :

None

Vesting Period of ESOS Options offered

:

Commencing from

Maximum Percentage of ESOS Options Exercisable

23 October 2021

     25%

23 October 2022

     25%

23 October 2023

     25%

23 October 2024

     25%

 

 

This announcement is dated 29 March 2021.




Announcement Info

Company Name MR D.I.Y. GROUP (M) BERHAD
Stock Name MRDIY
Date Announced 29 Mar 2021
Category General Announcement for PLC
Reference Number GA1-29032021-00048