NOVA MSC BERHAD
31 Oct 2014
| Type | Announcement |
| Subject | OTHERS |
| Description | NOVA MSC BERHAD (“NOVAMSC” or “the Company”) – EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) |
Pursuant to paragraph 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, NOVAMSC wishes to announce that the Company has on 30 October 2014 offered a total of 1,440,000 share options at the option price of RM1.00 to eligible employees and Directors of NOVAMSC Group in accordance to the By-Laws of the ESOS.
Details of the NOVAMSC Options are as follows:-
| (a) | Date of offer | 30 October 2014 |
| (b) | Exercise price of options offered | RM0.10 per share |
| (c) | Number of NOVAMSC options offered | 1,440,000 share option |
| (d) | Market price of NOVAMSC shares on date of offer | Closing price of NOVAMSC share on date of offer is RM0.115 |
| (e) | Number of NOVAMSC share option granted to each Directors | 1. Dato’ Dr Chua Hock Hoo – 440,000 |
| (f) | Vesting period of NOVAMSC share options | 440,000 NOVAMSC share options Commencing from the 30 October 2014 until 29 |
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