VALLIANZ HOLDINGS LTD
Vallianz Holdings Limited
Co Reg No. 199206945E
12 International Business Park, Swiber@IBP #03-02 Singapore 609920
Tel: +65 6505 0600 Fax: +65 6505 0601 www.vallianzholdings.com
GRANT OF SHARE AWARDS PURSUANT TO THE VALLIANZ PERFORMANCE SHARE PLAN
The Board of Directors of Vallianz Holdings Limited (the "Company") wishes to announce the following grant of share awards ("Awards") pursuant to the Vallianz Performance Share Plan:
(a) Date of the Awards : 06 July 2015
(b) Number of shares which are subject to the Awards
: 51,500,000
(c) Market price of shares (last done price)
on date of the Awards
: S$0.048
(d) Number of the Awards granted to directors and controlling shareholders (and their associates)
: 30,500,000 granted to directors of the Company. (Please refer to the attached schedule)
(e) Vesting date : 06 July 2016
By Order of the Board
Ling Yong Wah
Chief Executive Officer
07 July 2015
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Provenance Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Wong Bee Eng, Chief Executive Officer, at 96 Robinson Road, #13-01, SIF Building, Singapore 068899.
Telephone (65) 6227 1580 Email: wongbe@provenancecapital.com
Vallianz Holdings Limited
Co Reg No. 199206945E
12 International Business Park, Swiber@IBP #03-02 Singapore 609920
Tel: +65 6505 0600 Fax: +65 6505 0601 www.vallianzholdings.com
SCHEDULE OF SHARE AWARDS GRANTED TO DIRECTORS
No. | Name of Participants | Designation | Share Awards granted |
1. | Raymond Kim Goh | Non-Executive Director & Chairman | 10,000,000 |
2 | Yeo Chee Neng | Non-Executive Director & Vice Chairman | 10,000,000 |
3 | Ling Yong Wah | Executive Director & CEO | 9,000,000 |
4 | Yeo Jeu Nam | Independent Non-Executive Director | 1,000,000 |
5 | Bote de Vries | Independent Non-Executive Director | 500,000 |
Total | 30,500,000 |
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