AEM Holdings (AWX) said on Sep, 1 2026 that it has granted 99,617 ordinary shares each under its new Restricted Share Plan 2024 (RSP 2024) and its existing Performance Share Plan 2017 (PSP 2017).
The awards were issued at an illustrative market price of 9.4416 Singapore dollars per share, calculated from the volume-weighted average price over the 20 trading days up to three business days before the grant date.
All allotted shares were granted to employees of the company and its subsidiaries; no directors, controlling shareholders or their associates received shares.
Under RSP 2024, the shares vest in equal annual tranches over three years starting on Sep, 1 2027. For the PSP 2017 grant, the shares vest after three years on Sep, 1 2029. In both cases, the final release of shares will be subject to approval by the company’s remuneration committee.
The grants were announced in accordance with Rule 704(29) of the Singapore Exchange Listing Manual.