[AXIATA] Change In Substantial Shareholder's Shareholding - KHAZANAH NASIONAL BERHAD on 07-Nov-2017

Highlights

Stock	[AXIATA]: AXIATA GROUP BERHAD
Announcement Date	07-Nov-2017

Name	KHAZANAH NASIONAL BERHAD

Currency

Nature of Interest	Direct and Indirect Interest
Shares	Ordinary Shares
Reason	Transfer of 29,000 Ordinary shares in Axiata Group Berhad ("Axiata Shares") from Khazanah Nasional Berhad ("Khazanah") to Axiata's employees via CIMSEC Nominees (Tempatan) Sdn Bhd ("CIMSEC Nominees") in connection with Axiata Performance-Based Employee Share Option Scheme ("Axiata ESOS"). Transfer of 3,700 Axiata Shares from Axiata's employees to Khazanah via CIMSEC Nominees in connection with Axiata ESOS. The transfer of Axiata Shares to Axiata's employees is made in accordance with the Selling Flexibility Arrangement under the Axiata ESOS to facilitate the immediate sale of Axiata Shares by Axiata's employees who have exercised their Axiata ESOS options under this arrangement. Taking into consideration the transfer of shares, Khazanah is deemed to have an interest (pursuant to Section 8 of the Companies Act 2016) in 58,000 Axiata Shares, being the outstanding number of Axiata Shares to be returned to Khazanah under the Selling Flexibility Arrangement.

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