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OTHERS SOLARVEST HOLDINGS BERHAD - OFFER AND GRANT OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

SOLARVEST HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
SOLARVEST HOLDINGS BERHAD - OFFER AND GRANT OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Solarvest Holdings Berhad ("Solarvest" or "Company") wishes to announce that it has offered options to eligible Directors and employees of the Company and its non-dormant subsidiaries to subscribe for new ordinary shares in the Company under the ESOS on 13 July 2022. The details of the offer are as follows:

 

Date of offer : 13 July 2022
Exercise price of ESOS options offered : RM0.58
Number of ESOS options offered : 1,020,000
Closing market price of Solarvest’s shares on the date of the offer : 0.63
Number of ESOS options offered to Directors of Solarvest : N/A
Vesting period of ESOS options offered :

Commencing from

Maximum percentage of ESOS options exercisable

12 July 2023

30%

12 July 2024

30%

12 July 2025

40%

 

 

 

 

 

 

 

This announcement is dated 13 July 2022.






Announcement Info

Company Name SOLARVEST HOLDINGS BERHAD
Stock Name SLVEST
Date Announced 13 Jul 2022
Category General Announcement for PLC
Reference Number GA1-12072022-00089




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