The Shareholders of Richard Pieris and Company PLC (the Company) at an Extraordinary General Meeting held on July 29, 2015 approved the Employee Share Option Plan (ESOP).
This is by way of a Special Resolution thereby allowing issue of shares under this scheme, which is equivalent to 5% of the Issued Capital of the Company. (2,959,639 Ordinary Shares at the date of passing the Resolution) The Board of Directors of the Company at a meeting held on 24th August 2005 resolved to implement the ESOP and to issue 1959,639 shares, which is equivalent to 5% of the Issued Capital of the Company at an option price of Rs. 100per share.
The Scheme would be dissolved on August 24, 2018 as the Company will not be permitted to make any further extensions to the Scheme.
(SS)
www.dailynews.lk
This is by way of a Special Resolution thereby allowing issue of shares under this scheme, which is equivalent to 5% of the Issued Capital of the Company. (2,959,639 Ordinary Shares at the date of passing the Resolution) The Board of Directors of the Company at a meeting held on 24th August 2005 resolved to implement the ESOP and to issue 1959,639 shares, which is equivalent to 5% of the Issued Capital of the Company at an option price of Rs. 100per share.
The Scheme would be dissolved on August 24, 2018 as the Company will not be permitted to make any further extensions to the Scheme.
(SS)
www.dailynews.lk
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