Employee Stock Option/ Share Scheme::Grant of Award of Ordinary Shares Pursuant to the SGX Deferred Long-Term Incentive Scheme

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
30-Sep-2020 12:27:43
Status
New
Announcement Sub Title
Grant of Award of Ordinary Shares Pursuant to the SGX Deferred Long-Term Incentive Scheme
Announcement Reference
SG200930OTHRDK1U
Submitted By (Co./ Ind. Name)
Ding Hui Yun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CORRIGENDUM TO THE GRANT OF AWARD OF ORDINARY SHARES PURSUANT TO THE SGX DEFERRED LONG-TERM INCENTIVE SCHEME

Singapore Exchange Limited (the "Company") refers to the announcement released on 17 August 2020 relating to the grant of award pursuant to the SGX Deferred Long-Term Incentive Scheme ("SGX DLTIS").

The Company wishes to clarify that the number of share awards granted was 1,476,800 and not 1,481,100 as announced on 17 August 2020.

The revised details of the grant of share awards are as follows:

Date of Grant: 17 August 2020

Total number of shares awarded: 1,476,800 shares

Market Price (last done price per share) of shares on the date of grant: $8.64

Vesting of shares: 1/3 of the shares awarded shall vest on 1 September 2021, another 1/3 of the shares awarded shall vest on 1 September 2022 and the remaining 1/3 of the shares awarded shall vest on 1 September 2023.

Number of shares granted to directors and controlling shareholders (and their associates), if any:

Mr Loh Boon Chye: 161,200 shares


Issued By:
Singapore Exchange Limited

Attachments

Grant of Award Pursuant to SGX DLTIS Revised.pdf
Total size =424K