Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 15 Sep 2015
Category: General Announcement for PLC
Reference Number: GA1-15092015-00066
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)ESOS
Description: KOBAY TECHNOLOGY BHD (“KOBAY” OR THE “COMPANY”)
PROPOSED ESTABLISHMENT OF NEW EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) OF UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF KOBAY TO ELIGIBLE DIRECTORS AND EMPLOYEES OF KOBAY, AND ITS SUBSIDIARIES
On behalf of the Board of Directors of Kobay, RHB Investment Bank Berhad wishes to announce that the Company proposes to establish a new employees’ share option scheme of up to fifteen percent (15%) of the issued and paid-up share capital (excluding treasury shares) of the Company at any one time over the duration of the scheme for the eligible directors and employees of Kobay, and its subsidiary companies (excluding subsidiaries which are dormant) (“Proposed ESOS“).
Further details of the Proposed ESOS are set out in the attachment below.
This announcement is dated 15 September 2015.
Attachments :
[button open_new_tab=”true” color=”accent-color” hover_text_color_override=”#fff” size=”medium” url=”http://www.kobaytech.com/pdf/2015/Kobay%20-%20Announcement_150915.pdf” text=”Kobay – Announcement.pdf” color_override=””]