HYFLUX LTD
Company Registration No.: 200002722Z
(Incorporated in the Republic of Singapore)
GRANT OF SHARE OPTIONS PURSUANT TO HYFLUX EMPLOYEES SHARE OPTION SCHEME 2011
Pursuant to Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited (SGX-ST), Hyflux Ltd (the "Company") wishes to announce that it has today granted share options pursuant to the Hyflux Employees Share Option Scheme 2011, the details of which are as follows:
Date of grant | 15 January 2014 | |
Exercise price of options granted | S$1.165 Exercise price is based on the average of the last dealt prices over five consecutive trading days immediately preceding the date of grant. | |
Number of options granted | 3,030,000 | |
Market price of the Company's shares on the date of grant | S$1.160 | |
Number of options granted to each director | Name | Number of options |
Number of options granted to each director | Mr Teo Kiang Kok | 50,000 |
Number of options granted to each director | Mr Lee Joo Hai | 50,000 |
Number of options granted to each director | Mr Gay Chee Cheong | 50,000 |
Number of options granted to each director | Mr Christopher Murugasu | 50,000 |
Number of options granted to each director | Mr Simon Tay | 50,000 |
Number of options granted to each director | Mr Gary Kee Eng Kwee | 200,000 |
Number of options granted to controlling shareholder (and each of their associates) |
BY ORDER OF THE BOARD LIM POH FONG
COMPANY SECRETARY SUBMITTED ON 15 JANUARY 2014
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