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 June 2018

OTHERS Extension of Employees Share Option Scheme ("ESOS")


Type Announcement
Subject OTHERS
Description Extension of Employees Share Option Scheme ("ESOS")

The Board of Directors of Barakah Offshore Petroleum Berhad ("the Company") is pleased to announce that the Company has extended its existing ESOS, which is expiring on 27 September 2018 for a further period of five (5) years to 26 September 2023, in accordance with the terms of the ESOS By-Laws. The extension is not subject to any approvals from the Company's shareholders and Bursa Malaysia Securities Berhad.

 

The Company will serve the notice on extension to the eligible ESOS grantees in due course.

 

This announcement is dated 1 June 2018.





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