|
ANNAIK LIMITED
(Company Registration No. 197702066M)
(Incorporated in Singapore with limited liability)
DISCLOSURE IN COMPLIANCE WITH RULE 704(27) - GRANT OF EMPLOYEE SHARE OPTIONS
ANNAIK LIMITED (the "Company") hereby discloses in accordance with Rule 704(27) the details of the grant of employee share options as follows:
| 1. |
Date of grant |
24 April 2008 |
| 2. |
Exercise price of options granted |
S$0.20 |
| 3. |
Number of options granted |
3,340,000 |
| 4. |
Average last traded prices for three days |
S$0.24 ( 21 April 2008 to 23 April 2008) |
| 5. |
Number of options granted to Directors
and controlling shareholders (and their associates), if any
|
-
|
| 6. |
Validity period of the options |
24 April 2008 - 23 April 2018 |
By Order of the Board
Ng Kim Keang
Director
Singapore, 24 April 2008
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