Global Invacom Group Limited Grant of Options (6668W)
22 August 2022 - 7:30PM
UK Regulatory
TIDMGINV
RNS Number : 6668W
Global Invacom Group Limited
22 August 2022
Global Invacom Group Limited
("Global Invacom", the "Company" or the "Group")
Grant of Options
Singapore/London, 22 August 2022 - Global Invacom (SGX: QS9)
(AIM: GINV), the global provider of satellite communications
equipment and electronics, today announces that a total of
10,000,000 options ("Options") over the Company's ordinary shares
of no par value ("Ordinary Shares") were granted to employees
pursuant to the Global Invacom Share Option Scheme 2013 ("Scheme").
The Options were granted with an exercise price of S$0.07 (c. 4
pence) per Ordinary Share, being the average of the last dealt
price on the SGX for the five consecutive trading days. The Options
granted are exercisable in 2 tranches: (i) 5,000,000 from 22 August
2023 to 21 August 2032; and (ii) 5,000,000 from 22 August 2024 to
21 August 2032.
No Directors or PDMRs were granted Options. Following this
grant, the Company has a total of 18,574,000 Options in issue under
the Scheme.
For further information, please contact:
Global Invacom Group Limited www.globalinvacom.com
Tony Taylor, Executive Chairman via Vigo Consulting
Strand Hanson Limited (Nominated Adviser www.strandhanson.co.uk
and Broker)
James Harris / Richard Johnson / David Tel: +44 20 7409
Asquith 3494
Vigo Consulting (UK Media & Investor www.vigoconsulting.com
Relations)
Jeremy Garcia / Kendall Hill Tel: +44 20 7390
0238
ginv@vigoconsulting.com
About Global Invacom Group Limited
Global Invacom is a fully integrated satellite equipment
provider with sites across Singapore, China, Indonesia,
Philippines, Malaysia, Israel, UK and the U.S. Its customers
include satellite broadcasters such as Sky Group of the UK and Dish
Network of the USA and Data over Satellite providers including
Hughes Network Systems, Viasat and Gilat Satellite Networks.
Global Invacom provides a full range of satellite ground
equipment including antennas, LNB receivers, transceivers, fibre
distribution equipment, transmitters, switches, and video
distribution components, as well as manufacturing services for the
defence and healthcare sectors. The Group is the world's only
full--service outdoor unit supplier.
Global Invacom is listed on the Mainboard of the Singapore
Exchange Securities Trading Limited and its shares are admitted to
trading on the AIM Market of the London Stock Exchange.
For more information, please refer to www.globalinvacom.com
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END
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