Capitaland : CL: Grant of share awards and allotment of shares to non-executive director of CapitaLand China Holdings Pte Ltd
05/22/2012| 05:39pm US/Eastern
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Regn No.: 198900036N (Incorporated in the Republic of
Singapore)
ANNOUNCEMENT
GRANT OF SHARE AWARDS AND ALLOTMENT OF SHARES
TO NON-EXECUTIVE DIRECTOR OF CAPITALAND CHINA HOLDINGS PTE
LTD
CapitaLand Limited ("CapitaLand") wishes to announce the
grant of share awards under the CapitaLand Restricted Share
Plan 2010 to a non-executive director of its wholly-owned
subsidiary, CapitaLand China Holdings Pte Ltd ("CCH"), Mr
Tham Kui Seng, and the consequent allotment of shares
pursuant thereto, being payment in the form of shares
equivalent to about 20% of his director's fees in CCH for the
year ended 31 December 2011 as approved at CCH's Annual
General Meeting held on 30 April 2012:
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(a)
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Date of grant
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22 May 2012
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(b)
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Number of shares comprised in the awards
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2,350*
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(c)
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Market price (last done) of the shares on the date of
grant
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S$2.51 per share
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(d)
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Number of shares comprised
in the awards granted to each CapitaLand director and
controlling shareholder (and each of their associates),
if any
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Not applicable
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* The number of shares awarded was determined by
reference to the volume-weighted average price of a share on
the SGX-ST over the 14 trading days immediately following the
date of the Annual General Meeting of CCH (namely, S$2.68 per
share), rounded down to the nearest share.
By Order of the Board
Low Sai Choy
Company Secretary
22 May 2012
distributed by
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