GENTING SINGAPORE LIMITED Employee Stock Option/ Share Scherne::GRANT OF SHARE AWARDS UNDER T... Page 1 of 1
Employee Stock Option/ Share Scheme::GRANT OF SHARE AWARDS UNDER THE GENTING SINGAPORE PERFORMANCE SHARE SCHEME
Issuer & Securities
Issuer/ Manager | GENTING SINGAPORE PLC |
Securities | GENTING SINGAPORE PLC - GB0043620292 - G13 |
Stapled Security | No |
Announcement Details
Announcement Title | Employee Stock Option/ Share Scheme |
Date & Time of Broadcast | 1O-Mar-2017 17:50:29 |
Status | New |
Announcement Sub Title | GRANT OF SHARE AWARDS UNDER THE GENTING SINGAPORE PERFORMANCE SHARE SCHEME |
Announcement Reference | SG1703100THRRIF6 |
Submitted By (Co./ Ind. Name) | Joscelyn Tan |
Designation | Company Secretary |
Description (Please provide a detailed description of the event in the box below) | Please see attached. |
Attachments | ISGX Announcement - Grant.pd fTotal size =76K |
http://infopub.sgx .com/Apps?A=COW_ CorpAnnouncernent _Content&B=Announce ... 10/03/2017
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GENTINGS I N G A P O R E
Genting Singapore PLC (Incorporated in the Isle of Man No. 003846V) First Names House, Victoria Road, Douglas, Isle of Man, IM2 4DF, British Isles
GRANT OF SHARE AWARDS UNDER
THE GENTING SINGAPORE PERFORMANCE SHARE SCHEME
The Board of Directors of Genting Singapore PLC (the "Company") is pleased to announce the following grant of share awards on 10 March 2017, the details of which are as follows:-
Date of grant | 10 March 2017 |
Consideration payable for the grant of share awards | None |
Number of share awards granted | 4,427,000 |
Market price of its securities on the date of grant | 8$1.000 (closing share price as at 10 March 2017) |
Number of share awards granted to each director and controlling shareholder (and each of their associates) | 375,000 share awards were granted to the following Directors under the approved Genting Singapore Performance Share Scheme:
The balance of 4,052,000 share awards were granted to selected employees of the Genting Singapore Group under the approved Genting Singapore Performance Share Scheme. |
Vesting of share awards | The vesting of the share awards is subject to pre- determined performance targets being achieved over the performance period |
By Order of the Board
Genting Singapore PLC
Joscelyn Tan Company Secretary
1O March 2017
Genting Singapore plc published this content on 10 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 March 2017 10:53:13 UTC.
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