INVESTOR RELATIONS

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

BURSA ANNOUNCEMENTS
Date: 01 September 2015

OTHERS BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH") - OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME ("ESOS")

 

Type Announcement
Subject OTHERS
Description BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH")
- OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Barakah wishes to announce that it has offered options to eligible employees and Directors under its ESOS, the details of which are as follows: -

1. Date of offer

1 September 2015

2. Exercise price of options offered

RM0.76

3. Number of options offered

2,775,300

4. Market price of Barakah Shares on the date of the offer

RM0.875

5. Number of options offered to Directors of Barakah                                 

 

Name of Directors

Number of options offered                                 

Nik Hamdan Bin Daud

819,000

Azman Shah Bin Mohd Zakaria

682,500

Rasdee Bin Abdullah

512,000

 

 

6. Vesting period of options offered

Vested on the date of offer

This announcement is dated 1 September 2015.



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