GRANT OF SHARE AWARDS PURSUANT TO THE TALKMED GROUP PERFORMANCE SHARE PLAN ("PSP")
The Board of Directors (the "Board" or "Directors") of TalkMed Group Limited (the "Company", together with its subsidiaries, collectively, the "Group") wishes to announce that it has on 15 October 2021 granted and awarded performance shares ("Awards") under the PSP to eligible employees of the Group.
The details of the Awards granted are as follows:
(a) Date of Awards | 15 October 2021 |
("Date of Awards") | |
(b) Market price (last dealt price) of share | S$0.420 |
on Date of Awards | |
(c) Number of shares awarded to the | 2,500,000 |
employees of the Group | |
(d) Number of Awards granted to | Nil |
directors and controlling shareholders | |
(and their associates) of the Group | |
(e) Vesting date(s) of the Awards | Progressively within a five (5)-year period from the |
("Vesting Date(s)") | Date of Awards |
(i.e. from 15 October 2022 to 15 October 2026) | |
(f) Moratorium period of the Awards | Five (5) years from Vesting Date(s) |
(g) Validity period of the Awards | N.A. |
The Awards granted and awarded shall be subject to the terms of the PSP.
By Order of the Board
Ang Peng Tiam
Chief Executive Officer
15 October 2021
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange 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 Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581. Telephone number: (65) 6415 9886
TalkMed Group Limited | 101 Thomson Road, #09-02 United Square, Singapore 307591
T (65) 6258 6918 | F (65) 6258 0648 | www.talkmed.com.sg | Co. Reg. No. 201324565Z
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Talkmed Group Ltd. published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 12:11:04 UTC.