Employee Stock Option/ Share Scheme::Issue And Allotment Of Shares Pursuant To Exercise Of Options Under LCH Share Option Scheme 2007

Issuer & Securities

Issuer/ Manager
LUM CHANG HOLDINGS LIMITED
Securities
LUM CHANG HOLDINGS LIMITED - SG1E20001293 - L19
Stapled Security
No

Announcement Details

Announcement Title
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
11-Sep-2014 17:17:21
Status
New
Announcement Sub Title
Issue And Allotment Of Shares Pursuant To Exercise Of Options Under LCH Share Option Scheme 2007
Announcement Reference
SG140911OTHR3IIO
Submitted By (Co./ Ind. Name)
Tony Fong
Designation
Company Secretary
Effective Date and Time of the event
11/09/2014 17:17:00
Description (Please provide a detailed description of the event in the box below)
Lum Chang Holdings Limited (the "Company" or "LCH") wishes to announce the issue and allotment of an aggregate of 5,000,000 ordinary shares in the capital of the Company, at the exercise price of S$0.32 each, pursuant to the exercise of options granted under the LCH Share Option Scheme 2007. These new shares have been listed and quoted on the Singapore Exchange Securities Trading Limited on 11 September 2014.

The new shares issued rank pari passu in all respects with the existing shares of the Company.

Pursuant to the above issue and allotment of new shares, the number of issued and paid-up shares in the capital of the Company is 385,029,604 ordinary shares. The number of treasury shares outstanding is 1,978,000.