SINGAPORE O&G LTD.
(Company Registration No. 201100687M)
GRANT OF SHARE AWARDS PURSUANT TO THE SOG PERFORMANCE SHARE PLAN
The Board of Directors of Singapore O&G Ltd. (the "Company" or "SOG") wishes to announce the following grant of share awards ("Awards") to an eligible participant pursuant to the SOG Performance Share Plan. Please refer to the Company's offer document dated 26 May 2015 for further details on the SOG Performance Share Plan.
(a) | Date of the Awards granted | : | 25 August 2021 |
(b) | Number of shares which are | : | 543,608 |
subject to the Awards | |||
granted | |||
(c) | Market price of shares on | : | SGD0.265 |
the date of grant | |||
(d) | Number of the Awards | : | Nil |
granted to directors and | |||
controlling shareholders | |||
(and their associates) | |||
(e) | Vesting schedule of Awards | : | One fifth of the Awards shall be vested on the last |
granted | working day of June 2022, 2023, 2024, 2025 and | ||
2026 respectively. |
BY ORDER OF THE BOARD
Dr. Beh Suan Tiong
Executive Chairman
25 August 2021
_________________________________________________________________________________
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Ms. Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318,sponsorship@ppcf.com.sg.
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Singapore O&G Ltd. published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 13:14:26 UTC.