MNC Investama pre-registers 357,545,700 shares for management and employee stock option plan
PT. Bursa Efek Indonesia/Indonesia Stock Exchange announced to have approved the share listing by pre-listing in the implementation of Management Stock Option Program and Employee Stock Option Program (MESOP) Phase VI PT MNC Investama Tbk, amounting 357,545,700 shares.
The share description that will be listed by pre-listing were as follows:
Number of shares | 357,545,700 shares |
Origin of Share | Phase VI MESOP Conversion |
Face value | Rp100, - per share |
Exercise Price | Rp300, - per share |
MESOP Phase VI PT MNC Investarna Tbk allocation exercise were as follows:
Alokasi | % | Number of ESOP/MSOP | Exercise Period |
1 | 10 | 35,754,570 | October 2014 and April 2015 |
2 | 30 | 107,263,710 | April 2015 and October 2015 |
3 | 30 | 107,263,710 | October 2015 and April 2016 |
4 | 30 | 107,263,710 | April 2016 |
Total | 357,545,700 |
Then, the share listing and trading from the MESOP exercise proceeds will be announced next after the report from PT. MNC Investarna Tbk or from Securities Administration Agency (Biro Administrasi Efek) of PT. MNC Investama Tbk about the MESOP exercise into share.