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Corporate Announcement
 
General Announcement
Reference No MI-140422-62894
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Company Name MANAGEPAY SYSTEMS BERHAD (ACE Market)
Stock Name MPAY
Date Announced 22/04/2014
 
Admission Sponsor RHB Investment Bank Bhd
Sponsor Same as above
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description MANAGEPAY SYSTEMS BERHAD (“MANAGEPAY” OR THE “COMPANY”) PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF MANAGEPAY AND ITS SUBSIDIARY COMPANIES
 
On behalf of the Board of Directors of ManagePay, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the proposed establishment of an employees’ share option scheme of up to fifteen percent (15%) of the issued and paid-up share capital of the Company at any point in time for the eligible directors and employees of ManagePay and its subsidiary companies (“Proposed ESOS”).

Further details of the Proposed ESOS are set out in the attachment below.

This announcement is dated 22 April 2014.

 
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