KPJ Healthcare Berhad Announcement Pursuant To Paragraph 9.19(51) Of The Main Market Listing Requirements - Grant Of Shares Under The Long-term Incentive Plan ("LTIP")
KPJ HEALTHCARE BERHAD ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(51) OF THE MAIN MARKET LISTING REQUIREMENTS - GRANT OF SHARES UNDER THE LONG-TERM INCENTIVE PLAN ("LTIP")
The Board of Directors of KPJ Healthcare Berhad (“KPJ” or the "Company”) wishes to announce the following information in relation to the grant of shares under the LTIP of the Company:
Date of award
:
8 May 2025
Exercise price of LTIP Shares awarded
:
Not applicable
Number of LTIP Shares awarded
:
3,924,400
Market price of KPJ Shares on the date of award
:
RM2.93 (based on closing price as at 7 May 2025)
Number of LTIP Shares awarded to Directors, if any
:
1,051,700 LTIP Shares to Chin Keat Chyuan (President and Managing Director of KPJ)
Number of LTIP Shares awarded to other eligible employees
:
2,872,700
Vesting Period of LTIP Shares awarded
:
Up to 3 years from 8 May 2025
Note:
The number of LTIP Shares awarded to the Eligible Employee(s) are based on the assumption that KPJ and its subsidiaries, and the Eligible Employee(s) have met average performance targets. The number of LTIP Shares to be vested to the Eligible Employee(s) will be conditional upon fulfilling the vesting conditions set by KPJ.
