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Changes In Director's Interest (Section 219 Of CA 2016) - Datuk Seri Tajuddin Bin Atan

BackJul 16, 2018

Information Compiled By KLSE

Particulars of Director

Name DATUK SERI TAJUDDIN BIN ATAN
Descriptions(Class) Ordinary shares in Bursa Malaysia Berhad ("Plan Shares")

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
1
16/07/2018
28,800
Others
Direct Interest
Name of registered holder Datuk Seri Tajuddin bin Atan
Description of "Others" Type of Transaction Vesting of PlanShare
Consideration (if any)

 

Circumstances by reason of which change has occurred

Pursuant to the Bonus Issue which was approved by the shareholders at the Extraordinary General Meeting of Bursa Malaysia Berhad ("Bursa") held on 28 March 2018, adjustments are made to the following number of unvested ordinary shares ("Plan Shares") granted under the Share Grant Plan ("SGP") on the basis of one (1) bonus share for every two (2) existing ordinary shares effective 13 April 2018, as follows:- (1) Vesting of 9,600 Plan Shares [for 6,400 Plan Shares granted] under the 2015 Restricted Share Plan ("RSP") Grant of Bursa's SGP; (2) Vesting of 9,600 Plan Shares [for 6,400 Plan Shares granted] under the 2016 RSP Grant of Bursa's SGP; and (3) Vesting of 9,600 Plan Shares [for 6,400 Plan Shares granted] under the 2017 RSP Grant of Bursa's SGP.

Nature of interest

Direct Interest

Total no of securities after change

Direct (units) 1,392,750
Direct (%) 0.173
Indirect/deemed interest (units) 165,600
Indirect/deemed interest (%) 0.000
Date of notice 16/07/2018
Date notice received by Listed Issuer 16/07/2018

 

Remarks :

The above direct interest increased by 19,200 units with the consequential decrease in indirect/deemed interest upon the vesting of 6,400 Plan Shares granted under the 2015 RSP Grant, 6,400 Plan Shares granted under the 2016 RSP Grant, and 6,400 Plan Shares granted under the 2017 RSP Grant of the SGP.

His indirect/deemed interest also reduced by up to 42,400 Plan Shares under the 2015 Performance Share Plan ("PSP") Grant, which were not vested on 16 July 2018 and were forfeited as Bursa Group did not meet the performance qualifier.

The indirect/deemed interest of Datuk Seri Tajuddin bin Atan comprised the following Plan Shares:-

(1) 2016 PSP Grant: Up to 42,400 Plan Shares (to be adjusted at 1.5 upon vesting)
(2) 2016 RSP Grant: 6,400 Plan Shares (to be adjusted at 1.5 upon vesting)
(3) 2017 PSP Grant: Up to 42,400 Plan Shares (to be adjusted at 1.5 upon vesting)
(4) 2017 RSP Grant: 12,800 Plan Shares (to be adjusted at 1.5 upon vesting)
(5) 2018 PSP Grant: Up to 42,400 Plan Shares (6) 2018 RSP Grant: 19,200 Plan Shares

 


Announcement Info

Company Name BURSA MALAYSIA BERHAD
Stock Name BURSA
Date Announced 16 Jul 2018
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-17072017-00047