PWRWELL

0.670

-0.015 (-2.2%)

OTHERS POWERWELL HOLDINGS BERHAD ("POWERWELL" OR THE "COMPANY") OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME ("ESOS")

POWERWELL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description 
POWERWELL HOLDINGS BERHAD ("POWERWELL" OR THE "COMPANY")
OFFER OF OPTIONS UNDER EMPLOYEES SHARE OPTION SCHEME ("ESOS")

Reference is made to the ESOS which was implemented by the Company on 30 September 2025.

 

Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has made an offer of options on 31 October 2025, to its eligible employees under the Company's ESOS to subscribe for the new ordinary shares in the Powerwell, details as set out below:-

 

Date of Offer

 :

 31 October 2025

Exercise price of ESOS Options offered

 :

 RM0.50

Number of ESOS Options offered

 :

 42,550,000

Closing market price of Powerwell’s shares on the date of offer

 :

 RM0.535

Number of ESOS Options offered to the Directors of Powerwell

 :

 Name

 Soh Wei Wei

  No. of ESOS Options Offered

          8,000,000

Vesting Period of ESOS Options offered

 :

 

 

Vesting Date

 

Exercisable Period

Maximum Percentage of ESOS Options Exercisable

31 December 2026

Upon vested until 30 June 2028

  25%

31 December 2027

Upon vested until 30 June 2028

  35%

31 December 2028

Upon vested until 30 June 2029

  40%

 

This announcement is dated 31 October 2025.



Announcement Info

Company Name POWERWELL HOLDINGS BERHAD
Stock Name PWRWELL
Date Announced 31 Oct 2025
Category General Announcement for PLC
Reference Number GA1-31102025-00026


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