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OTHERS VSOLAR GROUP BERHAD (THE "COMPANY" or "VSOLAR") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")

VSOLAR GROUP BERHAD

Type Announcement
Subject OTHERS
Description
VSOLAR GROUP BERHAD (THE "COMPANY" or "VSOLAR")
- EMPLOYEES SHARE OPTION SCHEME ("ESOS")

We refer to the ESOS which was approved by the shareholders of Vsolar at the Extraordinary General Meeting held on 26 April 2021.

 

Pursuant to Rule 9.19(51) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, the Company wishes to announce that Vsolar has on 30 August 2021 offered a total of 300,000,000 share options at the option price of RM0.0125 to eligible employees of Vsolar in accordance with the By-Laws of the ESOS. The details of the offer of share options are as follows:

 

(a) Date of Offer : 30 August 2021
(b) Number of shares offered :

300,000,000

(c) Exercise price of shares offered : RM0.0125
(d) Closing price of Vsolar’s Shares on the date of the Offer : RM0.015
(e) Number of Shares offered to the Company’s Directors under the ESOS :  
  (i) Encik Khairul Azwan bin Harun   -
  (ii) Mr. Koo Kien Yoon   -
  (iii) Encik Abdul Menon bin Arsad @ Abdul Manan bin Arshad   -
  (iv) Mr. Ng Chee Kin   -
  (v) Mr. Chuah Hoon Hong    -
(f) Vesting period of the Shares offered :

The Options are vested on the Offer Date.

 

This announcement is dated 30 August 2021.

 






Announcement Info

Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 30 Aug 2021
Category General Announcement for PLC
Reference Number GA1-30082021-00096




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