📈 Hemas Holdings to Issue 33.5 Mn Shares via ESOS

Hemas Holdings PLC has announced plans to issue up to 33.5 million shares under a proposed Employee Share Option Scheme (ESOS) to align employee interests with corporate growth, subject to approvals. • Overall Figures: The proposed ESOS involves up to 33.5 million shares, representing 1.12% of the company’s total issued shares. Hemas' current stated capital stands at Rs. 7.99 billion, comprising 2.99 billion ordinary shares. • Scheme Caps: The total number of shares issued under this proposed scheme, combined with shares previously allotted under past ESOS/ESOP schemes, is strictly capped and will not exceed 5% of the company’s total issued shares. • Regulatory Compliance: The granting of options complies with the Colombo Stock Exchange (CSE) Listing Rules. The implementation remains subject to in-principle exchange approval for the listing of new shares, alongside shareholder approval via a special resolution at an upcoming Extraordinary General Meeting (EGM).