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OTHERS GRANT OF SHARES UNDER THE EMPOLOYEES' SHARES SCHEME ("ESS") OF PWF CORPORATION BHD ("PWF" or "the Company")

PWF CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
GRANT OF SHARES UNDER THE EMPOLOYEES' SHARES SCHEME ("ESS") OF PWF CORPORATION BHD ("PWF" or "the Company")

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of PWF wishes to announce that the Board via its ESS Committee has on 30 August 2022 made the following grant of ordinary shares of the Company ("Award") under the Company's ESS in accordance with the By-Laws:- 

 

1) Date of Award: 30 August 2022

 

2) Exercise price: Not applicable 

 

3) Number of Ordinary Shares ("Shares") awarded: 6,000,000 Ordinary Shares

 

4) Closing market price of the Shares on the date of the Award: RM0.47

 

5) None of the Company's Executive Directors being granted under the Award,.

 

6) Vesting period of the Shares: The Award is based on achieved performance by the eligible persons and to be vested within 6 months from the date of the Award.

 

This announcement is dated 30th day of August 2022.

 






Announcement Info

Company Name PWF CORPORATION BERHAD
Stock Name PWF
Date Announced 30 Aug 2022
Category General Announcement for PLC
Reference Number GA1-25082022-00010




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