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 5,237,000 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

16 December 2019

(b)

Exercise price of Options offered

RM0.74 per share

(c)

Number of Options offered

5,237,000 share options

(d)

Market price of D&O shares on date of offer

Closing price of D&O share on date of offer is RM0.835

(e)

Number of Options offered to each Director

Name of Director

Number of options

Tay Kheng Chiong

2,237,000

Cheam Dau Peng

1,000,000

(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 16 December 2019






Announcement Info

Company Name D&O GREEN TECHNOLOGIES BERHAD
Stock Name D&O
Date Announced 16 Dec 2019
Category General Announcement for PLC
Reference Number GA1-16122019-00087