AusGroupAGC - An AusGroup Company

AusGroup provides a range of fabrication & manufacturing, construction and integrated services to natural resource development companies.

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Home Investors + Media Grant of Options Pursuant to AusGroup Employee Share Option Scheme 2007

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Grant of Options Pursuant to AusGroup Employee Share Option Scheme 2007

Pursuant to Rule 704(27) of the Listing Manual, the board of directors of Ausgroup Limited (the 'Company') wishes to announce that on 25 February 2009, the Company has made an offer on the grant of options under the Ausgroup Employee Share Option Scheme 2007.

Details of the grant of options are as follows:

(a) Date of grant 25 February 2009
(b) Exercise price of options granted S$0.16
(c) Number of options granted 180,000
(d) Market price of shares (last done price) on the date of grant $S0.15
(e)
 
Number of options granted to directors and controlling shareholders
(and their associates), if any
None
 
(f) Validity period of the options 10 years from date of grant