Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Date Announced |
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04/05/2012 |
Information Compiled By Bursa Malaysia
Particulars of Director |
Name |
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Dato' Sri Jamaludin Ibrahim | ||
Address |
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Details of changes |
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Malaysian Ringgit (MYR) |
Type of transaction
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Date of change
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No of securities
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Price Transacted ($$)
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Others
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27/04/2012
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1,354,000
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Total no of securities after change | |||
Direct (units) |
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0 | |
Direct (%) |
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0 | |
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4,751,700 | |
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0.056 | |
Date of notice |
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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. |