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OTHERS OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME
SARAWAK OIL PALMS BERHAD
Type
Announcement
Subject
OTHERS
Description
OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME
Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sarawak Oil Palms Berhad ("SOPB" or "Company") wishes to announce that it has offered the options under the Employees' Share Option Scheme ("ESOS") to the eligible employees of SOPB Group.
Duration of ESOS
19 September 2017 to 18 September 2027
Date of Offer
2 September 2026
Number of options offered
5,363,200
Exercise price of option offered
RM 4.99
Closing price of SOPB's share on the date of the Offer
RM 5.96
Vesting Period of the Option offered
Financial Year Ending 2026 - 99.5339 % of total offer
Financial Year Ending 2027 - 0.4661 % of total offer