News
Changes In Director's Interest (S135) - Mr Morten Lundal
Particulars of Director
Name | MR MORTEN LUNDAL |
Descriptions(Class & nominal value) | Ordinary Shares |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction
|
Date of change
|
No of securities
|
Price Transacted ($$)
|
Disposed
|
22/02/2017
|
361,155
|
Circumstances by reason of which change has occurred |
Disposal |
Nature of interest |
Direct |
Consideration (if any) |
RM6.44 per share |
Total no of securities after change |
|
Direct (units) | 0 |
Direct (%) | |
Indirect/deemed interest (units) | 1,594,178 |
Indirect/deemed interest (%) | 0.020 |
Date of notice | 23/02/2017 |
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. This announcement is based on the information in the Notification pursuant to Section 219 of the Companies Act 2016 dated 23 February 2017 and received by the Company on 23 February 2017. |
Announcement Info
Company Name | MAXIS BERHAD |
Stock Name | MAXIS |
Date Announced | 23 Feb 2017 |
Category | Changes in Director's Interest Pursuant to Section 135 |
Reference Number | CS4-23022017-00005 |