Employee Stock Option/ Share Scheme::Notice of Transfer and Use of Treasury Shares 4/3/21, 6:10 PM
EMPLOYEE STOCK OPTION/ SHARE SCHEME::NOTICE OF TRANSFER AND USE OF TREASURY
SHARES
Issuer & Securities
Issuer/ Manager
VALUETRONICS HOLDINGS LIMITED
Securities
VALUETRONICS HOLDINGS LIMITED - BMG9316Y1084 - BN2
Stapled Security
No
Announcement Details
Announcement Title
Employee Stock Option/ Share Scheme
Date &Time of Broadcast 04-Mar-2021 18:09:33
Status
New
Announcement Sub Title
Notice of Transfer and Use of Treasury Shares
Announcement Reference
SG210304OTHRWO23
Submitted By (Co./ Ind. Name)
Tse Chong Hing
Designation
Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached Notice of Transfer and Use of Treasury Shares.
Attachments
VHL-Notice of Transfer and Use of Treasury Shares-20210304.pdf
Total size =85K MB
https://links.sgx.com/1.0.0/corporate-announcements/MSBVIQIUJ0…51b967128edd7a79fbbf5af2ff1c1ad32bdd2ac8dad4b29e173c6e0f82f3da Page 1 of 1
VALUETRONICS HOLDINGS LIMITED
(Incorporated in Bermuda)
(Company Registration Number 38813)
(the "Company")
NOTICE OF TRANSFER AND USE OF TREASURY SHARES
Pursuant to Rule 704(28) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Company wishes to announce the following transfer and use of treasury shares ("Transfer"):
(a)Date of the transfer: | 4 March 2021 | |
(b)Purpose of such transfer: | Exercise of options under the Valuetronics Employee Share Option Scheme 2007 | |
(c)Number of treasury shares transferred: | 625,000 | |
(d)Number of treasury shares before and after such transfer: | Before transfer | 630,000 |
After transfer | 5,000 | |
(e)Percentage of the number of treasury shares against the total number of shares outstanding in a class that is listed before and after such transfer: | Before transfer | 0.145%(1) |
After transfer | 0.001%(2) | |
(f)Value of the treasury shares transferred: | SGD396,825 |
Notes:
(1) The percentage is calculated based on 435,000,837 issued ordinary shares (excluding 630,000 treasury shares) in the capital of the Company immediately before the Transfer.
(2) The percentage is calculated based on 435,625,837 issued ordinary shares (excluding 5,000 treasury shares) in the capital of the Company immediately after the Transfer.
BY ORDER OF THE BOARD
TSE CHONG HING
Chairman and Managing Director
4 March 2021
1
Attachments
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Disclaimer
Valuetronics Holdings Limited published this content on 04 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 03:47:03 UTC.