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Changes in Director's Interest (S135) - Mr Morten Lundal

Back Mar 08, 2016

Information Compiled By KLSE

Particulars of Director

Name MR MORTEN LUNDAL
Address PENTHOUSE 1, ZEPHYR POINT ON BASONG
LORONG BASONG
DAMANSARA HEIGHTS
KUALA LUMPUR
50490 Wilayah Persekutuan
Malaysia.
Descriptions(Class & nominal value) Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
04/03/2016
361,155

 

Circumstances by reason of which change has occurred 
Acquisition from market
Nature of interest 
Direct
Consideration (if any) 
RM6.33 per share

Total no of securities after change
Direct (units) 361,155
Direct (%) 0.005
Indirect/deemed interest (units) 1,002,390
Indirect/deemed interest (%) 0.010
Date of notice 08/03/2016

 


Remarks :
Note on Indirect/deemed interest in shares These shares are currently held by CIMB Commerce Trustee Berhad or its nominee pursuant to the terms and conditions of the incentive arrangement which forms part of the employment contract which the Director has entered into with the Company, where the cash incentives payable to him were used to acquire shares from the open market. Subject to fulfilment of the vesting conditions and the terms and conditions of the said incentive arrangement, these shares will vest in the Director on a deferred basis. In addition to his interest in these shares, he is also deemed interested in such additional number of shares in the Company which shall only be determinable in the future, to be acquired using future cash incentives payable to him, pursuant to the terms and conditions of such incentive arrangement.

 

Announcement Info

Company Name MAXIS BERHAD
Stock Name MAXIS
Date Announced 08 Mar 2016
Category Changes in Director's Interest Pursuant to Section 135
Reference Number CS4-07032016-00029