GRANT OF SHARE AWARDS PURSUANT TO THE YOMA STRATEGIC HOLDINGS PERFORMANCE SHARE PLAN ("YOMA PSP")
In accordance with Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Company wishes to announce details of the grant of awards (the "Awards") of ordinary shares in the capital of the Company (the "Awards Shares") pursuant to the Yoma PSP as follows:
a Date of grant of Awards under the Yoma PSP | 26 November 2021 |
b Number of Awards Shares which are the subject | 1,250,000 |
of the Awards granted under the Yoma PSP | |
c Market price of Awards Shares on the date of | S$0.133 per Awards Shares |
grant | (closing price as at 26 November 2021) |
- Number of Awards Shares granted to each 1,250,000 director and controlling shareholder (and each
of their associates), if any
e Vesting and Release of the Awards | The Award Shares will vest after the third |
anniversary of the date of receipt of | |
shareholders' approval for the grant on 29 | |
January 2021 and in three tranches (a) 33% | |
in January 2024; (b) 33% in January 2025; | |
and (c) 34% in January 2026. |
BY ORDER OF THE BOARD
Melvyn Pun
Chief Executive Officer
29 November 2021
YOMA STRATEGIC HOLDINGS LTD.
Company Registration No. 196200185E 63 Mohamed Sultan Road #02-14Sultan-Link Singapore 239002 Tel: (65) 6223 2262 Fax: (65) 6223 1990
www.yomastrategic.com
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Yoma Strategic Holdings Ltd. published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 November 2021 23:39:03 UTC.