Type Announcement
Subject OTHERS
Description

XIDELANG HOLDINGS LTD ('THE COMPANY' OR 'XDL') - OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF XDL AND ITS SUBSIDIARIES

Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of XDL wishes to announce that the following options had been offered to the Eligible Employees of XDL and its subsidiaries:

Date of offer

3 September 2020

Exercise price of options offered

RM0.0653 per share

Number of options offered

270,732,400

Market price of XDL's shares on the date of offer

RM0.07 (closing price as at 3 September 2020)

Number of options offered to each Director of XDL and its subsidiaries and Person connected to Directors of XDL

N/A

Vesting period of the options offered

For the period of five (5) years until the expiry of the employees' share option scheme on 2 September 2025 if no extension of the scheme is provided

This announcement is dated 3 September 2020.

Announcement Info

Company Name XIDELANG HOLDINGS LTD
Stock Name XDL
Date Announced 03 Sep 2020
Category General Announcement for PLC
Reference Number GA1-03092020-00048

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Disclaimer

Xidelang Holdings Ltd published this content on 03 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 September 2020 03:14:07 UTC