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

Back 25 Apr 2014

Particulars of Director

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")

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
10/04/2014
1,833,000
 

 

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) 9,062,300 
Indirect/deemed interest (%) 0.11 
Date of notice 24/04/2014

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) 4,310,600 Restricted Share Offer pursuant to Share Scheme.

B. The new Axiata Shares of 1,833,000 (“Offered Shares”) is the maximum number of Axiata Shares that may be vested to Dato' Sri Jamaludin Ibrahim and are subject to the meeting of super stretched individual performance targets and Axiata Group meeting the superior company performance targets at the point of vesting in addition to the standard vesting conditions applicable to other employees. Based on the lowest target performance criteria of vesting conditions for the Offered Shares, only 305,500 of the Offered Shares shall be vested to Dato’ Sri Jamaludin.

This announcement is dated 25 April 2014.

 

Announcement Info

Company Name AXIATA GROUP BERHAD  
Stock Name AXIATA    
Date Announced 25 Apr 2014  
Category Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No AG-140418-A8824