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OTHERS VARIA BERHAD ("VARIA" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER THE COMPANY'S SHARE ISSUANCE SCHEME ("SIS")
VARIA BERHAD
Type
Announcement
Subject
OTHERS
Description
VARIA BERHAD ("VARIA" OR "THE COMPANY")
- OFFER OF OPTIONS UNDER THE COMPANY'S SHARE ISSUANCE SCHEME ("SIS")
Pursuant to paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has on 1 April 2026 made an offer of options under the SIS to eligible Directors and employees of the Company and the Group.
Details of the offer of the SIS options are as follows:-
1.
Date of Offer
1 April 2026
2.
Exercise price of options offered
RM0.77
3.
No. of options offered
13,395,000
4.
Closing market price of Varia's shares on the date of offer
RM0.89
5.
Vesting period
Over a period of 3 years from Date of Offer
6.
No. of options offered to the Directors of the Company:-