Pursuant to the Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has offered options to its eligible employees and Directors under the Company’s ESOS on 27 August 2020. The details of options are as follows:-
|
No. |
Description |
||
|
1) |
Date of offer of the Options |
: |
27 August 2020 |
|
2) |
Exercise price of Options offered |
: |
RM0.47 |
|
3) |
Number of Options offered |
: |
Tranche 1: 3,438,050 Tranche 2: 165,000 |
|
4) |
Market Price of Tambun shares on the date of offer |
: |
RM0.53 |
|
5) |
Number of Options offered to the Directors of Tambun |
: |
Tranche 1: 1,300,000 Tranche 2: Nil |
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|
|
|
|
|
|
Name |
|
Number of Options offered |
|
i |
Teh Deng Wei |
|
500,000 |
|
ii |
Lai Fook Hoy |
|
200,000 |
|
iii |
Tsai Chia Ling |
|
300,000 |
|
iv |
Dato’ Seri Mokhtar Bin Mohd Jait |
|
300,000 |
|
|
|
|
|
|
6) |
Vesting period of Options offered |
: |
|
|
Estimated Number of Options to be Vested |
Estimated Schedule Vesting Date |
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|
Tranche 1: 3,438,050 |
The options shall be exercisable from the date of acceptance. |
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|
|
Tranche 2: 165,000 |
|
The number of options shall vest upon achievement of the performance criteria by the eligible employees. |
This is announcement is dated 27 August 2020.