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RS Siloam to hold MESOP until March 2023

03 October 2022 06:14

JAKARTA – PT Siloam International Hospitals Tbk (SILO), the owner of Siloam Hospital network, schedules a private placement in the form of Management and Employee Stock Option Plan (MESOP) Phase II for the next six months.

“The convertible rights will cover a maximum of 57,776,000 shares worth IDR 625.5 per share,” Lufy Setia, Corporate Secretary of SIloam Hospital, revealed in the information disclosure quoted Monday (3/10).

According to Setia, MESOP commenced yesterday (1/10) and will last until March 31, 2023. The unconverted option rights in this period may be exercised in the next MESOP period.

In total, the value of this MESOP program is worth IDR 36.13 billion.

The rights offered in this stock option plan are the entire treasury stock of SILO, approximately 0.4% of its total listed shares of 12,006,125,000 units recorded in August 2022. SILO’s shareholders include PT Megapratama Karya that controls 49.54% of the shares, Prime Health of another 26.18%, and the public of 23.84%. (LK/ZH)

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