General Announcement::Amendment made to the announcements on Share Awards Pursuant to the Olam Share Grant Plan
Issuer & Securities
Issuer/ Manager
OLAM INTERNATIONAL LIMITED
Securities
OLAM INTERNATIONAL LIMITED - SG1Q75923504 - O32
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
14-Jul-2017 17:33:44
Status
New
Announcement Sub Title
Amendment made to the announcements on Share Awards Pursuant to the Olam Share Grant Plan
Announcement Reference
SG170714OTHR0TDL
Submitted By (Co./ Ind. Name)
Neelamani Muthukumar
Designation
Group Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
We refer to the announcements with reference SG170424OTHRJVWJ and SG170505OTHRP4DS made on 24 April 2017 and 5 May 2017, respectively, on the share awards pursuant to the Olam Share Grant Plan.
The actual number of shares to be delivered pursuant to the Performance Share Awards granted will range from 0% to 200% instead of the earlier stated 192.5%. The amended note should read as "the actual number of Shares to be delivered pursuant to the Award granted will range from 0% to 200% of the base award and is contingent on the achievement of pre-determined targets set out in the three-year performance period and other terms and conditions being met."
The amended announcements are attached. Apart from the above amendment, the rest of the contents of the announcements remain unchanged.
Attachments
14Jul2017_ShareGrantPlan24Apr2017_Amended.pdf
14Jul2017_ShareGrantPlan5May2017_Amended.pdf
Total size =181K
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