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Stock Exchange Filings

New issue of securities (Chapter 6 of Listing Requirements) : Other Issue Of Securities

Back 18 Mar 2016
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

AXIATA GROUP BERHAD (AXIATA) PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS OF AXIATA AND ITS SUBSIDIARIES (PROPOSED LTIP)

On behalf of the Board of Directors of Axiata, CIMB Investment Bank Berhad wishes to announce that Axiata proposes to establish a long term incentive plan involving the issue of ordinary shares of RM1.00 each in Axiata (“Axiata Shares”) to the employees and executive directors of Axiata and its subsidiaries (other than subsidiaries which are dormant). The total number of Axiata Shares which may be made available under the Proposed LTIP involving the new issuance of Axiata Shares shall not at any point in aggregate exceed 7% of the issued and paid-up share capital of Axiata (excluding treasury shares, if any) over the duration of the Proposed LTIP.

Please refer to the attachment for the full announcement.

 

This announcement is dated 18 March 2016.

 


Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 18 Mar 2016
Category General Announcement for PLC
Reference Number GA1-18032016-00031

Attachments

  1. Axiata_-_Proposed_LTIP_(March_2016).pdf (Size: 338,140 bytes)

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