OTHERS JOHOR PLANTATIONS GROUP BERHAD ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(51) OF THE MAIN MARKET LISTING REQUIREMENTS - GRANT OF SHARES UNDER THE LONG-TERM INCENTIVE PLAN ("LTIP")

JOHOR PLANTATIONS GROUP BERHAD

Type Announcement
Subject OTHERS
Description 
JOHOR PLANTATIONS GROUP BERHAD
ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(51) OF THE MAIN MARKET LISTING REQUIREMENTS - GRANT OF SHARES UNDER THE LONG-TERM INCENTIVE PLAN ("LTIP")

The Board of Directors of Johor Plantations Group Berhad (“JPG” or the "Company”) wishes to announce the following information in relation to the grant of shares under the LTIP of the Company:

 

Date of award

:

17th October 2025

Exercise price of LTIP Shares awarded

:

Not applicable

Number of LTIP Shares awarded

:

4,425,300

Market price of JPG Shares on the date of award

:

RM1.46 (based on 5D-VWAP as at 16th October 2025)

Number of LTIP Shares awarded to Directors, if any

:

1,074,100 LTIP Shares to Mohd Faris Adli Shukery (Managing Director)

Number of LTIP Shares awarded to other eligible employees

:

3,351,200

Vesting Period of LTIP Shares awarded

:

Up to 3 years from 17th October 2025

 

Note:

  1. The number of LTIP Shares to be vested to the Eligible Employee(s) will be conditional upon fulfilling the vesting conditions set by JPG.

 

This announcement is dated 17 October 2025.

 



Announcement Info

Company Name JOHOR PLANTATIONS GROUP BERHAD
Stock Name JPG
Date Announced 17 Oct 2025
Category General Announcement for PLC
Reference Number GA1-17102025-00031