General Announcement for PLC

04/03/2021

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD

MANAGEPAY SYSTEMS BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
Pursuant to Rule 14.08(d) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director has notified on the change of his indirect interest in the securities of the Company, details as set out below:-

Name

Date of Acquisition

Nature of Interest

Number of Ordinary Shares Acquired

Price per Share (RM)

Percentage of Issued Share Acquired (%)

Number and Percentage of Shares After Acquisition

Direct

Indirect

Group Managing Director/Group Chief Executive Officer:-

Dato' Chew Chee Seng

2 March 2021

Indirect

40,000*

0.145

0.006#

182,147,638

(25.265%)#

1,390,000^

(0.193%)#

2 March 2021

Indirect

200,000*

0.145

0.028#

 

Notes:-

 

* The shares acquired is pursuant to exercise of Employees' Share Option Scheme and exempted from the restrictions and requirements of Rules 14.04 and 14.05 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

 

# Based on the enlarged total issued share capital of 720,960,580 ordinary shares.

 

^ The total indirect shares of 1,390,000 are held as follows:-

(i) 1,000,000 ordinary shares are registered in the name of his spouse, Datin Chin Shea Swong, by virtue of Sections 8(4) and 197(1)(a) of the Companies Act 2016;

(ii) 40,000 ordinary shares are registered in the name of his son, Chew Vern Tat, by virtue of Sections 8(4) and 197(1)(a) of the Companies Act 2016; and

(iii) 350,000 ordinary shares are registered in the name of his sister, Chew Lean Mei, by virtue of Section 8(4)(c) of the Companies Act 2016.

 

The Company received the notification on 4 March 2021.

 

This announcement is dated 4 March 2021.






Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 04 Mar 2021
Category General Announcement for PLC
Reference Number GA1-03032021-00001


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