|
We refer to the announcements made on 13 May 2022, 17 May 2022, 24 May 2022, 7 June 2022 and 27 July 2022 in relation to the Proposed SIS (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply here.
Pursuant to Paragraph 9.19 (51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of FFB wishes to announce that a total 20,168,000 options were offered to the Eligible Employees (including Executive Directors) of FFB Group ("Eligible Person(s)") under the ESOS as follows:
|
|
Description of Options under the ESOS
|
|
Details
|
|
1.
|
Date of offer of the options
|
:
|
21 September 2022
|
|
2.
|
Exercise price of options offered
|
:
|
RM1.45
|
|
3.
|
Number of options offered
|
:
|
20,168,000
|
|
4.
|
Closing Market price of the Company's shares on the date of offer
|
:
|
RM1.58
|
|
5.
|
Number of options offered to the Executive Directors
|
:
|
Mac Chung Hui
(Managing Director/Chief Executive Officer)
Mac Ngan Boon @ Mac Yin Boon
(Executive Director)
Lee Poh Kwee
(Group Finance Director)
Mazlan Bin Abdul Hamid
(Executive Director)
|
1,600,000
1,450,000
1,450,000
|
|
6.
|
Vesting period of the options or share offered
|
:
|
Subject to fulfilment certain vesting conditions by the Eligible Persons, such number of shares to be vested over the tenure of the option period till on 26 July 2027, being the end of the 5-year period from the effective date of the implementation of SIS.
|
This announcement is dated 21 September 2022.
|
