6. EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) (a) The Company had, during its Extraordinary General Meeting held on 1 April 2021, obtained shareholders’ approval in relation to the implementation of an ESOS of up to 5% of the total number of issued shares of the Company (excluding treasury shares, if any) at any point in time over the duration of the ESOS for the eligible Directors and employees of the Company and its subsidiaries (excluding dormant subsidiaries). The ESOS shall be in force for a period of 5 years from the implementation date of 6 April 2021, and this is the only ESOS in existence during the financial year ended 30 June 2022. During the financial year, a total of 971,250 new ordinary shares were issued and allotted pursuant to the exercise of the ESOS options. A brief detail on the number of ESOS options granted, exercised, forfeited and outstanding since commencement on 6 April 2021 to 30 June 2022 is set out in the tables below:- For the period from 6 April 2021 to 30 June 2021 Number of Options Description Grand Total Directors and Chief Executive Granted 23,987,000 22,964,600 Exercised – – Forfeited – – Outstanding 23,987,000 22,964,600 For the period from 1 July 2021 to 30 June 2022 Number of Options Description Grand Total Directors and Chief Executive Granted 39,290,300 22,322,400 Exercised (971,250) (971,250) Forfeited (680,400) (104,850) Outstanding 61,625,650 42,165,000 Notes: *The number of options exercisable as at 30 June 2022 was 27,332,095 units (30.6.2021: 5,996,750 units) and have an exercise price in the range of RM0.635 to RM1.032 (30.6.2021: RM0.635 to RM0.755) and a weighted average contractual life of 5 (30.6.2021: 5) years. The percentages of options applicable to Directors and Senior Management under the ESOS during the financial year and since its commencement up to 30 June 2022 are set out below: Percentage Directors and Senior Management During the financial year Since commencement up to 30 June 2022 (i) Aggregate maximum allocation 50% 50% (ii) Actual options granted 15.6% 29.9% The details of the options offered to and exercised by the non-executive directors of the Company pursuant to the ESOS in respect of the financial year are as follows: Name of Director Number of options granted Number of options exercised Tan Sri Abd Rahman Mamat 2,580,600 – Datuk Johar Che Mat 1,580,600 314,550 Rosli Abdullah (resigned on 16 December 2021) – 209,700 Ang Hsin Hsien (resigned on 15 April 2022) 1,080,600** 314,550 Total 5,241,800 838,800 Notes: **Lapsed upon her resignation. 137 DNeX INTEGRATED REPORT 2022
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