Grant of Options
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:
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Global Invacom Group Limited |
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Tony Taylor, Executive Chairman |
via Vigo Consulting |
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Strand Hanson Limited (Nominated Adviser and Broker) |
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James Harris / Richard Johnson / David Asquith |
Tel: +44 20 7409 3494 |
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Vigo Consulting (UK Media & Investor Relations) |
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Jeremy Garcia / Kendall Hill |
Tel: +44 20 7390 0238 |
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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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