Announcements


Date: 14 December 2018

OTHERS SAPURA ENERGY BERHAD ("SEB" OR "COMPANY") OFFER AND GRANT OF OPTIONS UNDER THE EXECUTIVE SHARE OPTION SCHEME ("ESOS") OF SEB


Type Announcement
Subject OTHERS
Description SAPURA ENERGY BERHAD ("SEB" OR "COMPANY") OFFER AND GRANT OF OPTIONS UNDER THE EXECUTIVE SHARE OPTION SCHEME ("ESOS") OF SEB

Pursuant to Paragraph 9.19 (51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that the Company has today made an offer of options to eligible person(s) of the Company and its subsidiaries to subscribe for the new ordinary shares in the Company ("Options") under the ESOS, the details of which are as follows:

 

Date of offer

:

14 December 2018

Exercise price of Options offered

:

RM0.31

Number of Options offered

:

479,372,407

Closing market price of SEB Shares on the date of offer

:

RM0.33

Number of Options offered to Executive Director

:

Name

Number of Options offered

Tan Sri Dato' Seri Shahril Shamsuddin

299,607,754

 

Vesting  period of Options offered      

:

The Options shall be exercisable from the date of acceptance until the date of expiry of the ESOS

 

This announcement is dated 14 December 2018. 




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