Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | AXIATA GROUP LONG TERM INCENTIVE PLAN ("AXIATA LTIP") |
|
We are pleased to announce that Axiata Group Berhad (“Axiata”) had today (“Date of Offer”) offered 1,289,400 ordinary shares in Axiata (“Axiata Shares”) under the Axiata LTIP to the eligible employees (“Eligible Employees”) of the Axiata Group of Companies (“Axiata Group”) (“Long Term Incentive Plan Share Offer”).
Details of the Long-Term Incentive Plan Share Offer are as follows:
Not applicable as the Axiata Shares will be issued upon vesting to the Eligible Employees.
Closing Price of Axiata Share on Date of Offer: RM2.68.
The rights offered under the Long Term Incentive Plan Share Offer, namely the performance-based grant and time-based grant. The performance-based grant is expected to vest over a 3-year period from the acceptance date of the offer, subject to the Eligible Employees meeting expectation of the individual performance, the Axiata Group meeting certain financial targets exceeding certain thresholds. The time-based grant is expected to vest one third each year over a 3-year period.
Unless the Axiata Group meets its highest performance targets the total amount of rights offered to the Eligible Employees under the Long Term Incentive Plan Share Offer for the performance-based grant, which will vest will be lower than the total amount of Axiata Shares offered.
Not applicable.
This announcement is dated 3 October 2025. |
|
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 03 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30092025-00031 |
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