Offer And Grant Of Options Under Employees Share Option Scheme Of The Company

BackMay 21, 2021
Type Announcement
Subject OTHERS
Description NEXTGREEN GLOBAL BERHAD ("NEXTGREEN" OR THE "COMPANY") Offer and Grant of Options under Employees Share Option Scheme of the Company

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Nextgreen wishes to announce that the following offer of options has been made on 21 May 2021 to the eligible persons to subscribe for new shares in the Company (“Options”) under the Employees’ Share Option Scheme of the Company (“ESOS”).

The details of the Options offered to the eligible persons of the Company are set out below:

 

(a)

Date of offer of the Options

21 May 2021

(b)

Exercise price of Options offered

RM0.55 per share

(c)

Number of Options or shares offered

69,570,000

 (d)

Closing market price of the Company’s shares on the date of offer

RM0.58

(e)

Number of Options offered to the Company’s Directors under the ESOS

 

 

Dato' Dr. Haji Sohaimi Bin Shahadan, 1,000,000 Options

Dato’ Lim Thiam Huat, 6,950,000 Options

Dato’ Dr. Koe Seng Kheng,  500,000 Options

Ms Lim Kah Yen, 6,950,000 Options

Dato’ Mohd Yusof Bin Din, 3,000,000 Options

Dato’ Zakaria Bin Arshad, 200,000 Options

Mr Teh Chau Chin, 300,000 Options

Mr Tan Meng Chai, 300,000 Options

 

(f)

Vesting period of the Options offered

Not Applicable

This announcement dated 21 May 2021.


Announcement Info

 

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 21 May 2021
Category General Announcement for PLC
Reference Number GA1-21052021-00095