SINGAPORE POST LIMITED Employee Stock Option/ Share Scheme::Grant of Options Pursuant to the Singapore P...
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Employee Stock Option/ Share Scheme::Grant of Options Pursuant to the Singapore Post Share Option Scheme 2012 Issuer & Securities
Issuer/ Manager SINGAPORE POST LIMITED
Securities SINGAPORE POST LIMITED - SG1N89910219 - S08
Stapled Security No
Announcement Title Employee Stock Option/ Share Scheme
Date & Time of Broadcast 07-Aug-2014 18:31:30
Status New
Announcement Sub Title Grant of Options Pursuant to the Singapore Post Share Option Scheme
2012
Announcement Reference SG140807OTHRHQ7A Submitted By (Co./ Ind. Name) Winston Paul Wong Chi Huang Designation Joint Company Secretary Description (Please provide a detailed
description of the event in the box below) Please refer to the attached.
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8/7/2014
SINGAPORE POST LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 199201623M)
GRANT OF OPTIONS PURSUANT TO THE SINGAPORE POST SHARE OPTION SCHEME 2012
In accordance with Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX-ST"), Singapore Post Limited (the "Company") hereby discloses the details of the grant of share options pursuant to the Singapore Post Share Option Scheme
2012 as follows:-
(a) | Date of grant | 7 August 2014 |
(b) | Exercise price of options granted | S$1.76 The exercise price is equal to the average of the last dealt prices for the shares on the SGX-ST for the five (5) consecutive trading days immediately preceding the date of grant of the options. |
(c) | Number of options granted | 2,994,000 |
(d) | Market price of the Company's securities on the date of grant | S$1.76 |
(e) | Number of options granted to directors and controlling shareholders (and their associates), if any | Except for 1,799,000 share options granted to the Chairman. No share options have been granted to any other directors and controlling shareholders (and their associates) of the Company. |
(f) | Validity period of the options | (i) 1,195,000 options: 10 years from the date of grant. (ii) 1,799,000 options: 5 years from date of the grant. |
BY ORDER OF THE BOARD
Winston Paul Wong Chi Huang
Joint Company Secretary
7 August 2014
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