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Employee Stock Option/ Share Scheme::Notice of Transfer of Treasury Shares
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EMPLOYEE STOCK OPTION/ SHARE SCHEME::NOTICE OF TRANSFER OF TREASURY SHARES
Issuer & Securities
Issuer/ Manager
SATS LTD.
Securities
SATS LTD. - SG1I52882764 - S58
Stapled Security
No
Announcement Details
Announcement Title
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
01-Oct-2020 22:10:48
Status
New
Announcement Sub Title
Notice of Transfer of Treasury Shares
Announcement Reference
SG201001OTHRWLXN
Submitted By (Co./ Ind. Name)
Low Siew Tian
Designation
Assistant Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.
Attachments
Notice_of_Transfer_of_Treasury_Shares_1_Oct_2020.pdf
Total size =84K MB
NOTICE OF TRANSFER OF TREASURY SHARES
Pursuant to Rule 704(28) of the Listing Manual of the Singapore Exchange Securities Trading Limited, SATS Ltd. wishes to announce the following details on the transfer of treasury shares:
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(a)
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Date of transfer
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1 October 2020
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(b)
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Purpose of such transfer
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Crediting of SATS remuneration
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shares to eligible SATS employees
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for recognition for their resilience
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during this COVID-19 pandemic
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(c)
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Number of treasury shares transferred
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446,100
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(d)
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Number of treasury shares before and after
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Before change
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4,926,355
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such transfer
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After change
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4,480,255
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(e)
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Percentage of the number of treasury shares
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Before change
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0.4400
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against the total number of shares outstanding
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in a class that is listed before and after such
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After change
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0.4002
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transfer:
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(f)
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Value of the treasury shares transferred
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S$1,924,278.46
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Date: 1 October 2020
SATS Ltd. 新翔集团有限公司
P.O. Box 3 Singapore Changi Airport Singapore 918141 邮政信箱 3 号 新加坡樟宜国际机场 新加坡 918141
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sats.com.sg
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Co. Reg. No. 197201770G
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Disclaimer
SATS Ltd. published this content on 12 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 07:29:05 UTC
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