[AXIATA] Change In Substantial Shareholder's Shareholding - KHAZANAH NASIONAL BERHAD on 31-Dec-2018

Highlights

Stock	[AXIATA]: AXIATA GROUP BERHAD
Announcement Date	31-Dec-2018

Name	KHAZANAH NASIONAL BERHAD

Currency

	Type	Number of Shares
28-Dec-2018	Transferred	12,200
Registered Name	CIMSEC Nominees (Tempatan) Sdn Bhd - Exempt AN for Khazanah
Nature of Interest	Indirect Interest

Nature of Interest	Direct and Indirect Interest
Shares	Ordinary Shares
Reason	Transfer of 12,200 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's Performance-Based Employee Share Option Scheme ("Axiata ESOS"). The transfer of Axiata Shares from Axiata's employees is made in accordance with the Selling Flexibility Arrangement under 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 return of such number of shares, Khazanah is deemed to have an interest (pursuant to Section 8 of the Companies Act, 2016) there is no outstanding number of Axiata Shares to be returned to Khazanah under the Selling Flexibility Arrangement.

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