Implementation of MESOP Stage 1
07 February 2014
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).
- Based on letter No.S–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.
- 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 – Stage I||YearPeriod201530 Days as of 1 May 2015, and|
30 Days as of 1 November 2015201630 Days as of 1 May 2016, and
30 Days as of 1 November 2016201730 Days as of 1 May 2017, and
30 Days as of 1 November 2017201830 Days as of 1 May 2018, and
30 Days as of 1 November 2018
- The listing and trading of shares as the result of exercise of MESOP-Stage I will be reported afterwards.