07/27/2018 | Press release | Distributed by Public on 07/27/2018 03:33
ISSUE AND ALLOTMENT OF NEW ORDINARY SHARES PURSUANT TO VESTING OF SHARE AWARDS UNDER THE YOMA STRATEGIC HOLDINGS PERFORMANCE SHARE PLAN
The Board of Directors (the "Board") of Yoma Strategic Holdings Ltd. (the "Company") refers to the previous announcements in relation to the grant of share awards under the Yoma Strategic Holdings Performance Share Plan (the "Previous Announcements").
Further to the Previous Announcements, the Board wishes to announce that, on 27 July 2018, the Company has issued and allotted an aggregate of 2,245,122 new ordinary shares in the capital of the Company (the "New Shares") to selected eligible employees and the non-executive independent directors pursuant to the vesting of the shares under the Yoma Strategic Holdings Performance Share Plan.
The New Shares will rank pari passu in all respects with the existing ordinary shares of the Company. The New Shares are expected to be listed and quoted on the Singapore Exchange Trading Securities Limited on or about 30 July 2018.
Following the issue and allotment of the New Shares, the number of issued and paid-up shares in the capital of the Company has increased from 1,893,575,319 to 1,895,820,441 ordinary shares.
ON BEHALF OF THE BOARD
Chief Executive Officer 27 July 2018
YOMA STRATEGIC HOLDINGS LTD.
Company Registration No. 196200185E
78 Shenton Way
Tel: (65) 6223 2262
Fax: (65) 6223 1990