SIA ENGINEERING COMPANY LIMITED GRANT OF AWARD OF ORDINARY SHARES PURSUANT TO THE SIA
ENGINEERING COMPANY RESTRICTED SHARE PLAN 2014 ("RSP 2014 Plan")
AND PERFORMANCE SHARE PLAN 2014 ("PSP 2014 Plan")
In accordance with Rule 704(29) of the Listing Manual of the Singapore Exchange Securities Trading Limited, SIA Engineering Company Limited ("SIAEC" or the "the Company") would like to announce the following grant of ordinary shares to an employee pursuant to the Company's RSP 2014 Plan and PSP 2014 Plan as follows:
RSP 2014 Plan | PSP 2014 Plan | ||
(a) | Date of grant | 5 November 2021 | 5 November 2021 |
(b) | Total number of share | 11,000 shares | 9,700 shares |
awards granted | |||
(c) | Market price (last done | S$2.20 | S$2.20 |
price) of shares on the | |||
date of grant | |||
(d) | Number of share | Nil | Nil |
awards granted to each | |||
director and controlling | |||
shareholder (and their | |||
associates), if any | |||
(e) | Vesting of shares | The actual number of RSP final | The actual number of PSP final |
awards of fully paid ordinary | awards of fully paid ordinary | ||
shares will range from 0% to | shares will range from 0% to | ||
150% of the RSP Base Awards | 200% of the PSP Base Awards | ||
and is subject to achievements | and is subject to achievements | ||
against targets over a one-year | against targets over a three- | ||
performance period and other | year performance period and | ||
terms and conditions being | other terms and conditions | ||
met. | being met. | ||
BY ORDER OF THE BOARD
Lu Ling Ling
Company Secretary
5 November 2021
Singapore
Singapore Company Registration Number: 198201025C
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SIA Engineering Company Ltd. published this content on 05 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2021 12:37:31 UTC.
