Velesto Energy Bhd

11/01/2019 | Press release | Distributed by Public on 10/31/2019 23:59

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS VELESTO ENERGY BERHAD ('VEB' OR 'COMPANY') ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME OF UP TO 7.5% OF[...]

Bursa Announcements

Date : 01 November 2019

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS VELESTO ENERGY BERHAD ('VEB' OR 'COMPANY') ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME OF UP TO 7.5% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME ('ESOS')

VELESTO ENERGY BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
VELESTO ENERGY BERHAD ('VEB' OR 'COMPANY')

ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME OF UP TO 7.5% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME ('ESOS')

The terms used herein shall have the same meaning as those defined in the announcement dated 30 August 2019, unless otherwise stated.

We refer to the announcements dated 30 August 2019, 20 September 2019, 24 September 2019 and 31 October 2019 in relation to the ESOS.

On behalf of the Board of Directors of VEB, Affin Hwang IB wishes to announce that pursuant to Paragraph 6.43 of the Listing Requirements, the effective date for the implementation of the ESOS has been fixed on 1 November 2019.

Affin Hwang IB had on 1 November 2019 submitted the confirmation of full compliance with Paragraph 6.43(1) of the Listing Requirements in relation to the ESOS to Bursa Securities.

This announcement is dated 1 November 2019.




Announcement Info

Company Name VELESTO ENERGY BERHAD
Stock Name VELESTO
Date Announced 01 Nov 2019
Category General Announcement for PLC
Reference Number GA1-01112019-00024