We refer to the announcements dated 22 October 2015, 3 December 2015, 18 December 2015, 31 December 2015, 28 January 2016 and 14 March 2016 as well as the circular to shareholders dated 4 January 2016 (“Circular”) in relation to, inter alia, the LTIP. Unless otherwise stated, capitalised terms used in this announcement shall bear the same meaning as those ascribed to them in the Circular.
The Board of Directors of Citaglobal wishes to announce that the Company’s LTIP, which was approved by shareholders at the Extraordinary General Meeting held on 28 January 2016, will expire on 14 March 2026 in accordance with the terms of the LTIP.
The LTIP was established for a duration of ten (10) years and was implemented on 14 March 2016 to provide eligible executives of Citaglobal and its subsidiaries and the executive Directors of Citaglobal the opportunity to participate in the equity of the Company.
Upon the expiry of the LTIP on 14 March 2026:
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No further grants or offers will be made under the LTIP.
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Any unexercised options or unvested awards that remain outstanding shall be dealt with in accordance with the provisions of the LTIP By-Laws.
This announcement is dated 13 March 2026.