Type Announcement
Subject OTHERS
Description NEXTGREEN GLOBAL BERHAD ("NEXTGREEN" OR "THE COMPANY") EXTENSION OF THE DURATION OF THE COMPANYS EMPLOYEES SHARE OPTION SCHEME ("ESOS") ("EXTENSION")

The Board of Directors of Nextgreen wishes to announce that the Company has resolved to extend the duration of its existing ESOS, which is expiring on 21 December 2021, for another five (5) years from 22 December 2021 to 21 December 2026 in accordance with the Clause 20.3 of the ESOS By-Laws. The Extension is not subject to the approval of any regulatory authorities or the shareholders of the Company.

All existing outstanding ESOS options granted shall therefore be exercisable up to the extended period. The notice on the extension will be served to the eligible ESOS grantees in due course.

This announcement is dated 17 December 2021.

Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 17 Dec 2021
Category General Announcement for PLC
Reference Number GA1-17122021-00017

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Nextgreen Global Bhd published this content on 17 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 02:19:03 UTC.