Employee Stock Option/ Share Scheme::GRANT OF OPTIONS PURSUANT TO THE TREK 2000 INTERNATIONAL LTD SHARE OPTION SCHEME 2011

Issuer & Securities

Issuer/ Manager
TREK 2000 INTERNATIONAL LTD
Securities
TREK 2000 INT'L LTD - SG1I59882965 - 5AB
Stapled Security
No

Announcement Details

Announcement Title
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
29-Jan-2015 18:02:35
Status
New
Announcement Sub Title
GRANT OF OPTIONS PURSUANT TO THE TREK 2000 INTERNATIONAL LTD SHARE OPTION SCHEME 2011
Announcement Reference
SG150129OTHRF7RU
Submitted By (Co./ Ind. Name)
Gurcharan Singh
Designation
Executive Director / CFO
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Trek 2000 International Ltd (the "Company") wishes to announce that on 29 January 2015, the Company has granted options to subscribe for a total of 200,000 shares under the Trek 2000 International Ltd Share Option Scheme 2011. Details of the grant are as follows:

(a) Date of Grant: 29 January 2015

(b) Exercise price of options granted: S$0.351
(The exercise price is equal to the average of the last dealt prices for the shares on the SGX-ST for the five (5) consecutive trading days immediately preceding the date of grant of the options.)

(c) Total number of options granted: 200,000 shares

(d) Market price (last done price) of shares on the Date of Grant: S$0.355

(e) Number of options granted to director or controlling shareholders (and their associates), if any: Nil

(f) Validity period of the options: 10 years from the Date of Grant applicable for employees.

Submitted by Gurcharan Singh, Executive Director on 29/01/2015 to the SGX.