DAMAI ENT (01060) announced the allotment and issuance of new shares to a trustee on April 1, 2026, to fulfill the company's obligations under its share award scheme. This action relates to incentive shares granted on June 24, 2025, under the share award plan, which was adopted on December 30, 2016, and subsequently amended on March 29, 2019, January 17, 2020, and August 30, 2023. A total of 13 million incentive shares were granted to two directors of the company.
Additionally, on April 1, 2026, new shares were allotted and issued to a trustee to settle incentive shares granted on June 24, 2025, under the share award plan to five employees of the company. Among these employees, four are directors of the company's subsidiaries and one is a manager of one of the company's subsidiaries. A total of 12.34 million incentive shares were granted to this group.
Furthermore, on the same date, new shares were allotted and issued to a trustee to fulfill the grant of incentive shares made on June 24, 2025, under the share award plan to 66 non-connected grantees of the company. A total of 71.072 million incentive shares were awarded to these individuals.
Lastly, on April 1, 2026, new shares were allotted and issued to a trustee to settle incentive shares granted on September 19, 2025, under the share award plan to seven selected employees of the company. A total of 4.48 million incentive shares were granted in this instance.