11/01/2019 | Press release | Distributed by Public on 11/01/2019 05:15
|VELESTO ENERGY BERHAD|
VELESTO ENERGY BERHAD (VEB OR THE COMPANY) OFFER AND GRANT OF OPTIONS UNDER THE EMPLOYEES SHARE OPTION SCHEME OF UP TO 7.5% OF THE TOTAL NUMBER OF ISSUED SHARES OF VEB (EXCLUDING TREASURY SHARES, IF ANY) (ESOS)
Reference is made to the ESOS which was approved by the shareholders of VEB on 31 October 2019 and implemented on 1 November 2019.
Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, VEB wishes to announce that VEB has today made the first offer of options to the executive director and eligible employees of VEB and its subsidiary companies (excluding subsidiary companies which are dormant) under the ESOS. The details are as follows:
This announcement is dated 1 November 2019.
|Company Name||VELESTO ENERGY BERHAD|
|Date Announced||01 Nov 2019|
|Category||General Announcement for PLC|