[ARMADA] Change In Director's Shareholding - CHAN CHEE BENG ("MR CHAN") on 21-Oct-2014

Announcement Date
21-Oct-2014
Director's Particular:
Details of Changes:
Currency
Malaysian Ringgit (MYR)
Date of ChangeTypeNumber of Shares
09-Oct-2014Others610,000
Registered Name
Nature of Interest
Date of ChangeTypeNumber of SharesPrice
09-Oct-2014Others71,2001.350
Registered Name
Nature of Interest
Nature Interest
Direct beneficial interest over the BAB Shares.
Shares
Ordinary shares of RM0.20 each in Bumi Armada Berhad ("BAB") ("BAB Shares")
Reason
Change in Mr Chan's direct interest in BAB Shares by virtue of: i. Allotment by BAB of 71,200 Rights Shares out of the 170,000 excess Rights Shares he had applied for pursuant to the Rights Issue; and ii. Allotment by BAB of 610,000 Bonus Shares he was entitled to as at 5.00 p.m. on 12 September 2014 pursuant to the Bonus Issue.
Consideration
i. Cash consideration of RM1.35 per Rights Share. ii. Otherwise than in cash - RM0.20 per share credited as fully paid-up by way of capitalisation of a sum of RM293,313,459.00 from BAB’s share premium account to pay for the Bonus Shares under the Bonus Issue.
Total no of securities after change:
Direct (units)
2,511,200
Direct (%)
0.04
Indirect (units)
0
Indirect (%)
0.00
Total (units)
2,511,200
Total (%)
0.04
Date of Notice
20-Oct-2014
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