SOP

3.060

+0.05 (+1.7%)

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.

The details of the offer are as follows: -

Duration of ESOS	19 September 2017 to 18 September 2027
Date of Offer	02 April 2024
Number of options offered	1,255,400
Exercise price of option offered	RM 2.81
Closing price of SOPB's share on the date of the Offer	RM 3.06
Vesting Period of the Option offered	Financial Year Ending 2024 - 33 % of total offer Financial Year Ending 2025 - 33 % of total offer Financial Year Ending 2026 - 34 % of total offer

This announcement is dated 02 April 2024.

Announcement Info

Company Name	SARAWAK OIL PALMS BERHAD
Stock Name	SOP
Date Announced	02 Apr 2024
Category	General Announcement for PLC
Reference Number	GA1-02042024-00029

View original announcement