CIMSEC Nominees (Tempatan) Sdn Bhd - Exempt AN for Khazanah
Nature of Interest
Indirect Interest
09-Aug-2018
Transferred
11,000
Registered Name
CIMSEC Nominees (Tempatan) Sdn Bhd - Exempt AN for Khazanah
Nature of Interest
Indirect Interest
Nature of Interest
Direct Interest
Shares
Ordinary Shares
Reason
Transfer of 11,000 Ordinary shares in Axiata Group Berhad ("Axiata Shares) from Axiata's employees to Khazanah Nasional Berhad ("Khazanah") via CIMSEC Nominees (Tempatan) Sdn Bhd in connection with Axiata Performance-Based Employee Share Option Scheme ("Axiata ESOS").
Transfer of 24,800 Axiata Shares from Khazanah to Axiata's employees via CIMSEC Nominees in connection with Axiata ESOS.
The transfer of Axiata Shares to/from 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/return of such number of shares, Khazanah is deemed to have an interest (pursuant to Section 8 of the Companies Act, 2016) in 24,800 Axiata Shares, the outstanding number of Axiata Shares to be returned to Khazanah under the Selling Flexibility Arrangement.