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BackApr 23, 2012
Date Announced
:
 23/04/2012  



Type
:
 Announcement
Subject
:
OTHERS

Description
:
Award of Shares under the Performance Share Plan of Bursa Malaysia Berhad’s Share Grant Plan

Announcement Details/Table Section :

Pursuant to Paragraph 9.19(51) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, Bursa Malaysia Berhad (“Company”) wishes to announce the following award of ordinary shares of RM0.50 each of the Company (“Plan Shares”) under the Performance Share Plan (“PSP”) of the Company’s Share Grant Plan (“SGP”).

The details of the Plan Shares offered to the selected executives of the Company are as set out in Table 1 hereunder.

This announcement is dated 23 April 2012.


Table 1
No. Description of Offer of Plan Shares under the PSP of the SGP
1. Date of Offer of Plan Shares
:
23 April 2012
2. Number of Plan Shares to the Selected Executives for the performance period:
2.1 From 2011 to 2013 (“2011 PSP Grant”)
:
Up to 165,200 Plan Shares
(a) Executive Director/Chief Executive Officer (“CEO”)
-
Nil
(b) Senior Management
-
Up to 72,800
(c) Other Selected Employees/Executives
-
Up to 92,400
2.2 From 2012 to 2014 (“2012 PSP Grant”)
:
Up to 232,200 Plan Shares
(a) Executive Director/CEO
-
Up to 59,400
(b) Senior Management
-
Up to 73,200
(c) Other Selected Employees/Executives
-
Up to 99,600
3. Closing Market Price of the Company’s shares on the Date of Offer
:
RM6.72 per share
4. Grant Date for
4.1 2011 PSP Grant
:
2 May 2012
4.2 2012 PSP Grant
:
2 May 2012
5. Vesting Date for *
5.1 2011 PSP Grant
:
30 April 2014
5.2 2012 PSP Grant
:
30 April 2015

NOTE:
* The vesting of Plan Shares granted under the PSP of the SGP is contingent on achievements of various performance targets for Bursa Malaysia Berhad group, and subject to fulfilment of vesting conditions as at the vesting dates.