Exercise Of Share Options Under The Sim Siang Choon Share Option Scheme
BackSep 21, 2012
| Title | Exercise of share options under the Sim Siang Choon Share Option Scheme | |
| Type | Others | |
| Specific Shareholder's Approval Required? | Yes | |
| Description | The Board of Directors of Loyz Energy Limited (the "Company") wishes to announce that on 21 September 2012, the Company had issued and allotted an aggregate of 140,000 ordinary shares in the capital of the Company (the "New Shares"), at an issue price of S$0.293 per New Share, pursuant to the exercise of options granted under the Sim Siang Choon Share Option Scheme. The New Shares are expected to be listed and quoted on Catalist on 24 September 2012, and trading of the New Shares will commence with effect from 9.00 a.m. on the same date. The New Shares will rank pari passu in all respects with the existing shares of the Company. Following the issue and allotment of the New Shares, the number of issued and paid-up shares in the capital of the Company has increased from 294,480,910 to 294,620,910 ordinary shares. BY ORDER OF THE BOARD Kwan Weng Kwong Director Date : 21 September 2012 This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr. Ng Joo Khin Tel: 6389 3000 Email: jookhin.ng@stamfordlaw.com.sg |
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