Dealings In Listed Securities (Chapter 14 Of Listing Requirements) : Dealings Outside Closed Period

Back Jul 03, 2024
Subject Dealings Outside Closed Period


No Salutation Name Designation Description Of "Others" Designation
1 MR GOH SEOW ENG Chief Executive Officer  
Type of Transaction Others
Description of "Others" Type of Transaction See Remarks
Date of Transaction 01 Jul 2024
Description of Securities See Remarks
No of Securities Transacted 1,133,800
% of Securities Transacted 0.014
Consideration Malaysian Ringgit (MYR) 3.585


Remarks :
Maxis Berhad ("Maxis") had on 3 July 2024 received a notification pursuant to Para 14.09(a) of the MMLR of Bursa Securities from Goh Seow Eng ("GSE") of the occurrence of his dealing in the shares of Maxis ("Maxis Shares") outside closed period.

Pursuant to the terms and conditions of an incentive arrangement arising under the employment agreement entered by GSE with Maxis Broadband Sdn. Bhd., a wholly-owned subsidiary of Maxis ("Agreement"), a cash incentive was used to acquire Maxis Shares from the open market and such shares are currently held by CIMB Commerce Trustee Berhad ("CIMB") or its nominee. These Maxis Shares shall, subject to the satisfaction of the vesting conditions and the terms and conditions of the Agreement, vest in GSE on 30 June 2027. The vesting conditions comprise, amongst others, the performance targets for the financial years 2024, 2025 and 2026, as stipulated by Maxis' Nomination and Remuneration Committee.

This announcement is dated 3 July 2024.


Announcement Info

Stock Name MAXIS
Date Announced 03 Jul 2024
Category Dealings in Listed Securities (Chapter 14 of Listing Requirements)
Reference Number DLR-02072024-00019