General Announcement for PLC

15/03/2021

OTHERS LAMBO GROUP BERHAD ("LAMBO" OR "COMPANY") OFFER OF OPTIONS UNDER THE COMPANY'S EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

LAMBO GROUP BERHAD

Type Announcement
Subject OTHERS
Description
LAMBO GROUP BERHAD ("LAMBO" OR "COMPANY")
OFFER OF OPTIONS UNDER THE COMPANY'S EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wish to announce that it has offered options to eligible directors and employees under the Company’s ESOS, the details of which are as follows:-

 

Date of offer

15 March 2021

Exercise price of options offered

RM0.025

Number of options being offered

72,000,000

Market price of the Company's shares on the date of offer

RM0.03

Number of Options offered to directors of the Company are as shown below:

Name of Director:

No. of Options offered:

Hj. Abdullah Bin Abdul Rahman

(Independent Non-Executive Chairman)

-

Zhuang GuoHua

(Executive Director)

16,094,000

Koo Kien Yoon

(Executive Director)

16,094,000

Ng Chee Kin

(Independent Non-Executive Director)

-

Khor Chin Fei

(Independent Non-Executive Director)

-

Vesting period of the Options offered

The options shall be exercisable from the date of acceptance of the options for 60 days

 

This announcement is dated 15 March 2021.






Announcement Info

Company Name LAMBO GROUP BERHAD
Stock Name LAMBO
Date Announced 15 Mar 2021
Category General Announcement for PLC
Reference Number GA1-15032021-00078


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