Bursa Announcements

Date : 03 September 2013

OTHERS SUNWAY BERHAD ("SUNWAY") - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME (“ESOS”)

SUNWAY BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY BERHAD ("SUNWAY")
- OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME (“ESOS”)
The Board of Directors of Sunway wishes to announce that Sunway has implemented the ESOS with effect from 3 September 2013. In addition, pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway also wishes to announce that it has offered options to eligible employees and executive directors under its ESOS (“Options”), the details of which are as follows:
No.Description
1.Date of offer of the Options:3 September 2013
2.Exercise price of Options offered:RM2.76
3.Number of Options offered:133,564,000
4.Market Price of Sunway shares on the date of offer:RM2.92

5. Number of Options offered to Executive Directors of Sunway:

NameNumber of Options offered
Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, AO17,200,000
Datuk Seri Razman M Hashim500,000
Dato’ Chew Chee Kin4,500,000
Sarena Cheah Yean Tih1,600,000

6. Vesting period of Options offered:

Estimated Number of Options to be vestedEstimated Scheduled
Vesting Date
30,682,4003 October 2013
Up to 33,391,0003 September 2014
Up to 33,391,0003 September 2015
Up to 33,391,0003 September 2016

This announcement is dated 3 September 2013.


Announcement Info

Company NameSUNWAY BERHAD  
Stock Name SUNWAY    
Date Announced3 Sept 2013  
CategoryGeneral Announcement
Reference NoSS-130903-A66A4

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