Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Name | Dato' Sri Jamaludin Ibrahim |
| Address | A-19-02 Block A, Sunway Palazzo, No. 1, Jalan Sri Hartamas 3, Taman Sri Hartamas, 50480 Kuala Lumpur |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each in Axiata Group Berhad ("Axiata Shares") |
Currency: Malaysian Ringgit (MYR)
|
Type of transaction
|
Date of change
|
No of securities
|
Price Transacted (RM)
|
|
Others
|
05/04/2013
|
1,123,600
|
|
| 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) | 7,229,300 |
| Indirect/deemed interest (%) | 0.08 |
| Date of notice | 05/04/2013 |
| Remarks : |
| A. Total no. of securities after change includes:- (i) 450,000 Axiata Shares held under CIMSEC Nominees (Tempatan) Sdn Bhd; (ii) 4,301,700 Options of Axiata Shares pursuant to Performance-Based Employee Share Option Scheme; and (iii) 2,477,600 Restricted Share Offer pursuant to Share Scheme. B. The new Axiata Shares of 1,123,600 (“Offered Shares”) is the maximum number of Axiata Shares that may be vested to Dato' Sri Jamaludin Ibrahim and are conditional upon the meeting of 'super stretch' individual performance and Axiata Group meeting the superior company performance at the point of vesting in addition to the standard vesting conditions applicable to other employees. Based on the target performance criteria of vesting conditions for the Offered Shares, only 280,900 of the Offered Shares shall be vested to Dato’ Sri Jamaludin. The acceptance of the Offered Shares allows Axiata to issue up to 1,123,600 new Axiata Shares of which the issuance of the same are subject to the approval of the shareholders of Axiata at a general meeting. This announcement is dated 5 April 2013. |
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 5 Apr 2013 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | AG-130401-13694 |