Implementation of MESOP Stage 1

7 Februari, 2014

ANNOUNCEMENT
PT Saratoga Investama Sedaya, Tbk. (SRTG)
Implementation of MESOP Stage I
7 February 2014

 

PT Saratoga Investama Sedaya, Tbk. (SRTG) announced today the implementation of its first stage Management Employee Stock Option Program (MESOP).

    1. Based on letter No.Sā€“000316/BEI.PPJ/01-2014 dated 27 January 2014, the Board of Directors of Indonesia Stock Exchange (IDX) has approved the stock listing of PT Saratoga Investama Sedaya, Tbk. in the amount of 14,421,000 shares.

 

    1. Information on the listed stock by way of pre-listing are as follows:
Number of pre-listed shares 14,421,000 shares
Nominal value Rp100,- per shares
Exercise price Rp4,777,- per shares
MESOP Exercise Period ā€“ Stage I

Year

Period

2015

30 Days as of 1 May 2015, and
30 Days as of 1 November 2015

2016

30 Days as of 1 May 2016, and
30 Days as of 1 November 2016

2017

30 Days as of 1 May 2017, and
30 Days as of 1 November 2017

2018

30 Days as of 1 May 2018, and
30 Days as of 1 November 2018
  1. The listing and trading of shares as the result of exercise of MESOP-Stage I will be reported afterwards.

 

Investor Relations Contact:
Leona Karnali
Investor Relations
(+6221) 5794 4355
E: investor.relations@saratoga-investama.com
General Media Contact:
Ira Dompas
Corporate Secretary
(+6221) 5794 4355
E: ira.dompas@saratoga-investama.com
Tutup