REPL::Employee Stock Option/ Share Scheme::GRANT OF SHARE AWARDS PURSUANT TO iX PERFORMANCE SHARE PLAN

Issuer & Securities

Issuer/ Manager
IX BIOPHARMA LTD.
Securities
IX BIOPHARMA LTD. - SG1BD9000009 - 42C
Stapled Security
No

Announcement Details

Announcement Title
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
30-Nov-2018 17:32:30
Status
Replacement
Announcement Sub Title
GRANT OF SHARE AWARDS PURSUANT TO iX PERFORMANCE SHARE PLAN
Announcement Reference
SG181116OTHR335D
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the amended announcement relating to the Grant of Share Awards Pursuant to iX Performance Share Plan released on 16 November 2018.

Under the Vesting period of the Awards, instead of all 4,633,333 shares granted will be vested 12 months from Date of Awards, 533,333 shares granted are vested immediately and 1.5 million shares granted will be vested on 1 March 2019. The balance of 2,600,000 shares will be vested 12 months from Date of Awards.

No other amendment has been made to the previously released announcement.

Attachments

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16/11/2018 17:51:45