In terms of Section 7.8 of the Listing Rules of the Colombo Stock Exchange, we write to inform you that pursuant to meeting the individual and Company performance targets for three consecutive years from 2019 to 2021 and further meeting the requirements for vesting under Grant 3 of the Dialog Axiata Long Term Incentive Plan ('LTIP'), the following ordinary shares of the Company has been vested and allotted to Mr. W.V.S.D Weerasinghe, Group Chief Executive/Non-Independent Executive Director of the Company.
Name of
Date of Issue
No. of
Consideration
Nature of
Date of
Director
shares
per share
relevant
notification
interest
Mr. W.V.S.D
28 September
2,078,600
Non-cash
Group Chief
3 October 2022
Weerasinghe
2022
consideration -
Executive &
In terms of the
Non-
LTIP Rules, the
Independent
consideration
Executive
shall be the
Director
services
provided by the
employee to
the Company
during the
vesting period
Yours sincerely,
DIALOG AXIATA PLC
Viranthi Attygalle
Group Company Secretary
Dialog Axiata PLC (PQ 38)
475, Union Place, Colombo 02, Sri Lanka. Tel +94 (0) 77 7 678 700 www.dialog.lk
an axiata company
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Dialog Axiata plc published this content on 13 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2022 09:53:10 UTC.
Dialog Axiata PLC and its subsidiaries provide communication services, such as mobile, fixed, broadband, international gateway services; telecommunication infrastructure services, such as tower infrastructure and transmission services; media, such as digital television services based on multiple media- satellite, cable, terrestrial; digital services, including but not limited to digital commerce mobile and eCommerce; electronic payments, including mobile payment; digital health, education, navigation and enterprise services and financial services; software solutions, data center services, manpower services, provision of Information Technology and venture capital investment activities. It operates in three segments: mobile operation, fixed telephony and broadband operation and television operation. The Company serves various industries, including banking, finance and insurance; construction and real estate; government, agriculture and fisheries and leisure and food and beverage.