Company Name | : | FAVELLE FAVCO BERHAD |
Stock Name | : | FAVCO |
Date Announced | : | 27 Jul 2022 |
Category | : | General Announcement for PLC |
Reference Number | : | GA1-26072022-00058 |
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS FAVELLE FAVCO BERHAD ("FFB" OR "COMPANY") ESTABLISHMENT OF A NEW EMPLOYEES' SHARE ISSUANCE SCHEME ("SIS") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FFB (EXCLUDING TREASURY SHARES) AT ANY ONE TIME DURING THE DURATION OF THE SIS
FAVELLE FAVCO BERHAD
Type |
Announcement |
Subject |
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS |
Description |
FAVELLE FAVCO BERHAD ("FFB" OR "COMPANY")
ESTABLISHMENT OF A NEW EMPLOYEES' SHARE ISSUANCE SCHEME ("SIS") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FFB (EXCLUDING TREASURY SHARES) AT ANY ONE TIME DURING THE DURATION OF THE SIS |
We refer to the announcements made on 13 May 2022, 17 May 2022, 27 May 2022 and 7 June 2022 in relation to the Proposed SIS (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the effective date for the implementation of the SIS is 27 July 2022, which is the date of the SIS’s full compliance with Paragraph 6.43(1) of the Listing Requirements.
This announcement is dated 27 July 2022.