OTHERS Offer and Grant of Options under Employees' Share Option Scheme

D&O GREEN TECHNOLOGIES BERHAD

Type Announcement
Subject OTHERS
Description
Offer and Grant of Options under Employees' Share Option Scheme

Pursuant to paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, D & O Green Technologies Berhad ("D&O" or "the Company") wishes to announce that it has offered 21,637,000 options over new shares (“Options”) to eligible employees under the D&O EMPLOYEES' SHARE OPTION SCHEME 2011 (“ESOS”).

 The details of the Options are as follows:-

(a)

Date of offer

1 November 2018

(b)

Exercise price of Options offered

RM0.725 per share

(c)

Number of Options offered

21,637,000 share options

(d)

Market price of D&O shares on date of offer

Closing price of D&O share on date of offer is RM0.855

(e)

Number of Options offered to each Director

Name of Director

Number of options

Dato’ Mohammed Azlan Hashim

250,000

Goh Nan Yang

150,000

Yeow See Yuen

350,000

Wong Meng Tak

200,000

Tay Kheng Chiong

1,600,000

Cheam Dau Peng

400,000

Low Tek Beng

1,450,000

Jesper Bjoern Madsen

300,000

(f)

Vesting period of the Options

The options shall be exercisable from the date of acceptance until the expiry of ESOS on 6 September 2021

 This announcement is dated 1 November 2018.






Announcement Info

Company Name D&O GREEN TECHNOLOGIES BERHAD
Stock Name D&O
Date Announced 01 Nov 2018
Category General Announcement for PLC
Reference Number GA1-01112018-00094