Investors

Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.

Changes in Director's Interest (S135) - Dato' Sri Jamaludin Ibrahim

Back 04 May 2012
Date Announced
:
04/05/2012


Information Compiled By Bursa Malaysia

Particulars of Director
Name
:
Dato' Sri Jamaludin Ibrahim
Address
:
Unit 59, Kiara Hills, No. 1, Jalan 32/70A, Taman Sri Hartamas, 50480 Kuala Lumpur
Descriptions(Class &
nominal value)
:
Ordinary Shares of RM1.00 each in Axiata Group Berhad ("Axiata Shares")

 

Details of changes
Currency
:
Malaysian Ringgit (MYR)

 

Type of transaction
Date of change
No of securities
Price Transacted ($$)
Others
27/04/2012
1,354,000

 

Description of other type of transaction
:
Acceptance of offer of entitlement to receive Axiata Shares pursuant to Axiata's Performance-Based Employee Share Option Scheme and Share Scheme ("Restricted Share Award")
Circumstances
by reason of which change has occurred
:
Entitlement to Axiata Shares upon applicable terms and conditions pursuant to Axiata's Performance-Based Employee Share Option Scheme and Share Scheme
Nature of
interest
:
N/A
Consideration (if any)
:

Total no of securities after change
Direct (units)
:
0
Direct (%)
:
0
Indirect/deemed interest (units)
:
4,751,700
Indirect/deemed interest (%)
:
0.056
Date of notice
:
04/05/2012

Remarks
A. Total no. of securities after change includes:-

(i) 450,000 Axiata Shares held under CIMSEC Nominees (Tempatan) Sdn Bhd; and

(ii) 4,301,700 Options of Axiata Shares pursuant to Performance-Based Employee Share Option Scheme and Share Scheme.

B. The new Axiata Shares of 1,354,000 ("Offered Shares") is the maximum number of Axiata Shares that may be vested to Dato' Sri Jamaludin and are conditional upon the meeting of stretched individual performance and the Axiata Group meeting superior company performance at the point of vesting in addition to the standard vesting conditions applicable to other eligible employees. Based on the lowest performance criteria of vesting conditions for the Offered Shares, only 338,500 of the Offered Shares shall be vested to Dato' Sri Jamaludin. The acceptance of the Restricted Share Award allows Axiata to issue up to 1,354,000 new Axiata Shares of which the issuance of 155,700 Axiata Shares are subject to the approval of the shareholders of Axiata at a general meeting.

This announcement is dated 4 May 2012.