INVESTOR RELATIONS

FORM OF NOTICE OF CONVERSION OF 5-YEAR 3.5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS" OR "BARAKAH-LA")

BURSA ANNOUNCEMENTS
Date: 08 April 2015

OTHERS BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY") -Proposed First And Final Dividend -Proposed grant of options to the Directors, President and Chief Executive and persons connected pursuant to the Employees' Share Option Scheme of the Company

 

Type Announcement
Subject OTHERS
Description BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY")
-Proposed First And Final Dividend
-Proposed grant of options to the Directors, President and Chief Executive and persons connected pursuant to the Employees' Share Option Scheme of the Company

BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY")

i. Proposed First And Final Dividend

ii. Proposed grant of options to the Directors, President and Chief Executive and persons connected pursuant to the Employees' Share Option Scheme of the Company

The Board of Directors of Barakah wishes to announce that the Board had on 8 April 2015 recommended a first and final dividend of 2 sen per ordinary share, tax exempt under the single-tier system for the period ended 31 December 2014. The first and final single tier dividend is subject to shareholders' approval at the forthcoming 3rd Annual General Meeting.

The payment date and the entitlement date of the first and final single tier dividend will be announced in due course.

The Board also wishes to announce that the Company proposes to seek the approval of its shareholders for the Proposed grant of options to the following Directors, President and Chief Executive and persons connected at the Company's forthcoming 3rd Annual General Meeting:-

a. Nik Hamdan bin Daud, Deputy Executive Chairman

b. Azman Shah bin Mohd Zakaria, Executive Director

c. Rasdee bin Abdullah, Executive Director

d. Syed Abdul Rahim bin Syed Jaafar, President and Chief Executive

e. Nik Suriani bt Daud, (1) Senior Vice President

f. DH Azizul bin Daud, (1) General Manager

g. DH Rahman Nizam bin Daud, (1) Executive

h. Nik Noraisyah bt Nik Hamdan, (1) Non- Executive

i. Adib Azfar bin Azman Shah, (2) Executive

j. Achmed Ezanee bin Syed Abdul Rahim, (3) Executive

Notes:

(1) Person connected to Nik Hamdan bin Daud

(2) Person connected to Azman Shah bin Mohd Zakaria

(3) Person connected to Syed Abdul Rahim bin Syed Jaafar

The Notice of the 3 rd Annual General Meeting setting out the details of the proposed grant of options which will be attached in the Annual Report 2014 of the Company.

This announcement is dated 8 April 2015.

 



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