News and Announcements
iFast Announces Employee Stock Option / Share Scheme
- Published May 06, 2015 5:21PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
iFAST Corporation Investor Relations Announcement, 4th May 2015
The Board of Directors of iFAST Corporation Ltd. (the “Company”) wishes to announce the grant of share awards pursuant to the iFAST Corporation Performance Share Plan (“iFAST PSP”). Details of the grant of share awards as follows:
(a) Date of Grant : 1 May 2015
(b) Number of share awards granted : 70,500
(d) Market Price of shares on date of : $ 1.365 grant
(e) Number of share awards granted to each director and controlling shareholder (and each of their associates), if any:
A total of 70,500 shares were granted to the following Directors:
– Lim Wee Kian: 7,100
– Low Huan Ping: 9,300
– Ling Peng Meng: 10,400
– Yao Chih Matthias: 15,900
– Ng Loh Ken Peter: 14,600
– Kok Chee Wai: 13,200
(f) Vesting period of the share awards : Approximately One-third of the share awards will vest after 2 years from date of grant. Approximately Two-third of the share awards will vest after 3 years from date of grant.
To download the full document, please click on the link below.