Employee Stock Option/ Share Scheme::Grant of Award of Ordinary Shares Pursuant to the SGX Performance Share Plan 2015

Issuer & Securities

Announcement Title: Employee Stock Option/ Share Scheme
Date &Time of Broadcast: 15-Aug-2019 18:31:28
Status: New
Announcement Sub Title: Grant of Award of Ordinary Shares Pursuant to the SGX Performance Share Plan 2015
Announcement Reference: SG190815OTHR4BM3
Submitted By (Co./ Ind. Name): Ding Hui Yun
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): GRANT OF AWARD OF ORDINARY SHARES PURSUANT TO THE SGX PERFORMANCE SHARE PLAN 2015 ("SGX PSP 2015")

In accordance with Rule 704(29) of the Listing Manual, Singapore Exchange Limited would like to announce the following grant of ordinary shares to its employee pursuant to the SGX PSP 2015:

Date of Grant: 15 August 2019

Total number of shares awarded: 711,000 shares

Market Price (last done price per share) of shares on the date of grant: $8.25

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

Executive Director: Mr Loh Boon Chye
Base Allocation of 100%: 155,800
Deemed Interest over a Maximum of 150%*: 233,700

Vesting of shares: The shares shall vest on 1 September 2023, subject to the performance conditions set out under the SGX PSP 2015.

*rounded to nearest 100 shares in accordance with plan rules

Issued By:
Singapore Exchange Limited

Total size =530K