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BackJul 20, 2018
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

20 July 2018

Exercise price of options offered

RM0.165 per share

Number of options offered

63,050,000

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

RM0.155 (closing price as at 20 July 2018)

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 20 July 2018.

 

Announcement Info

Company Name XIDELANG HOLDINGS LTD
Stock Name XDL
Date Announced 20 Jul 2018
Category General Announcement for PLC
Reference Number GA1-18072018-00050

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