Microsoft Word - TCI - Grant of Share Awards TELECHOICE INTERNATIONAL LIMITED

(REG. NO. 199802072R)

GRANT OF SHARE AWARDS UNDER THE TELECHOICE PERFORMANCE SHARE PLAN AND THE TELECHOICE RESTRICTED SHARE PLAN


In accordance with Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited, TeleChoice International Limited wishes to announce the details of the grant of share awards pursuant to the following share plans:-

1. TeleChoice Performance Share Plan

Date of Grant

:

3 June 2015

Total number of shares under share awards granted

:

872,320 ordinary shares pursuant to the TeleChoice Performance Share Plan, subject to certain performance conditions being met and other terms and conditions

Market price of each share on the date of the grant

:

S$0.265 per ordinary share

Number of shares granted to each director and controlling shareholder (and each of their associates)

:

Nil

2. TeleChoice Restricted Share Plan

Date of Grant

:

3 June 2015

Total number of shares under share awards granted

:

2,321,160 ordinary shares pursuant to the TeleChoice Restricted Share Plan, subject to certain performance conditions being met and other terms and conditions

Market price of each share on the date of the grant

:

S$0.265 per ordinary share

Number of shares granted to each director and controlling shareholder (and each of their associates)

:

Nil

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