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BackAug 07, 2015
Type Announcement
Subject OTHERS
Description
XIDELANG HOLDINGS LTD ("THE COMPANY" OR "XDL") - OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF XDL AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES)

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of XDL wishes to announce that the following options had been offered to the Eligible Employees of XDL and its subsidiaries:

 

Date of Offer

28 July 2015

Exercise price of options offered

RM0.145 per share

Number of options offered

25,800,000

Market price of XDL’s shares on the date of offer

RM0.170 (closing price as at 28 July 2015)

Number of options offered to each Director of XDL and its subsidiaries and Person connected to Directors of XDL

N/A

Vesting period of the options offered

For the period of five (5) years until the expiry of the employees’ share option scheme on 16 April 2020 if no extension of the scheme is provided.

 

This announcement is dated 7 August 2015. 





Announcement Info

Company Name XIDELANG HOLDINGS LTD
Stock Name XDL
Date Announced 07 Aug 2015
Category General Announcement for PLC
Reference Number GA1-06082015-00086