New Issue of Securities (Chapter 6 of Listing Requirements):Other Issue of Securities
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
|Description||MAXIS BERHAD (“MAXIS”)
PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES OF MAXIS AND ITS SUBSIDIARIES (“PROPOSED LTIP”)
We refer to the announcement dated 13 March 2015 in relation to the Proposed LTIP (“Announcement”). Unless otherwise defined, all expressions used in this announcement shall carry the same meanings as defined in the Announcement.
On behalf of Maxis, CIMB Investment Bank Berhad (“CIMB”) wishes to announce that Bursa Securities has, vide its letter dated 25 March 2015, approved the listing of and quotation for such number of new Maxis Shares to be issued under the Proposed LTIP subject to, amongst others, the following conditions:
(i) CIMB is required to submit a confirmation to Bursa Securities of full compliance of the Long Term Incentive Plan (“LTIP”) pursuant to paragraph 6.43(1) of the Main Market Listing Requirements and state the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and
(ii) Maxis is required to furnish Bursa Securities on a quarterly basis a summary of the total number of LTIP shares listed as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 26 March 2015.
|Company Name||MAXIS BERHAD|
|Date Announced||26 Mar 2015|