NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS RCE CAPITAL BERHAD ("RCE" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES SHARE SCHEME ("PROPOSED ESS")
| RCE CAPITAL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | RCE CAPITAL BERHAD ("RCE" OR THE "COMPANY")
PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES SHARE SCHEME ("PROPOSED ESS") |
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On behalf of the Board of Directors of RCE, AmInvestment Bank Berhad wishes to announce that RCE proposes to establish a new employees’ share scheme which comprises:-
a) an employees’ share option scheme which will entitle eligible persons, upon exercise, to subscribe for new and/or existing ordinary shares in RCE (“RCE Shares” or “Shares”) at a specified future date at a pre-determined price (“Proposed ESOS”); and
b) a restricted share grant plan which entitles eligible persons to receive new and/or existing RCE Shares at no consideration and/or the equivalent cash value of such Shares or combination thereof, based on certain vesting conditions or performance targets to be met (“Proposed RSG”),
collectively, of up to fifteen percent (15%) of the total number of issued Shares (excluding treasury shares) at any point of time.
Please refer to the attachment for further details on the Proposed ESS.
This announcement is dated 16 June 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 16 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15062020-00029 |