DISA Limited
(Company Registration No. 197501110N)
(Incorporated in the Republic of Singapore)
("Company" and together with its subsidiaries, the "Group")
GRANT OF OPTIONS PURSUANT TO THE DISA EMPLOYEE SHARE OPTION SCHEME 2021
The board of directors (the "Board") of the Company wishes to announce that on 6 December 2021, the Company has made an offer on grant of options pursuant to the DISA Employee Share Option Scheme 2021. Details of the grant of options are as follow:
Date of Grant | 6 December 2021 |
Exercise price of options granted | S$0.001 per share |
The exercise price is based on market price, which is the weighted average of the last-dealt price for a share of the Company over the five (5) consecutive trading days immediately preceding the date of grant of options, as determined by reference to the daily Official List published by the SGX-ST.
Number of options granted | 210,500,000 |
Market price (last done price) of shares on date | |
of grant | S$0.001 |
Number of options granted to each director and | |
controlling shareholder (and each of their | |
associates), if any | |
Name of Associate | Number of Options |
Chng Weng Huat (1) | 10,000,000 |
Validity period of options | Each option, if accepted, shall be exercisable, in |
whole or in part, after twelve (12) months from | |
Date of Grant of options but before one hundred | |
and twenty (120) months from Date of Grant of | |
options. |
- Chng Weng Huat is the sibling of the Company's CEO and Managing Director, Chng Weng Wah.
BY ORDER OF THE BOARD
Chng Weng Wah
Managing Director/Chief Executive Officer
6 December 2021
This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr. Ong Hwee Li (Registered Professional, SAC Capital Private Limited)
Address: 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.
Telephone number: +65 6232 3210
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DISA Limited published this content on 06 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2021 00:11:07 UTC.