Grant of Options
Asia Strategic Holdings Limited has granted options over 86,500 new ordinary shares, representing 2.9% of its current issued share capital, to directors and key management under its 2024 employee share option plan. These options, exercisable at US$11.00, include grants to CEO Enrico Cesenni for 15,000 shares and CFO Jonathan Geoffrey Kolb for 25,000 shares, with vesting over three years. Including this grant, total options issued to date amount to 600,000, or 19.9% of the company's issued share capital.
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Asia Strategic Holdings Ltd. (LSE: ASIA), the independent developer and manager of consumer businesses located in emerging Asia, today announces that the Company has granted options over a total of 86,500 new ordinary shares of no par value to certain directors and key management of the Group under the Company's 2024 employee share option plan (the "2024 ESOP").
The 86,500 share options, which represent 2.9% of the Company's current issued share capital, include grants to the following Persons Discharging Managerial Responsibilities ("PDMR") of the Company:
Director / PDMR Options granted Enrico Cesenni, Chief Executive Officer (board position) 15,000 Jonathan Geoffrey Kolb, Chief Financial Officer (board position) 25,000
All options are exercisable at a price of US$11.00 in accordance with the conditions of the 2024 ESOP and subject to the following time vesting conditions:
- First anniversary from grant date: 40% of the option.
- Second anniversary from grant date: 40% of the option.
- Third anniversary from grant date: 20% of the option.
Including this grant, total options granted to date (net of any options lapsed) amount to 600,000, equating to 19.9% of the Company's current issued share capital.
Further information is set out in the PDMR disclosure tables below.
Grant of Options
Details of the person discharging managerial responsibilities / person closely associated
| a) | Name | Enrico Cesenni |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer (board position) |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Asia Strategic Holdings Limited |
| b) | LEI | 213800V5GJPLFU4F6636 |
| a) | Description of the financial instrument, type of instrument | Grant of options over ordinary shares of no par value each |
| Identification code | Identification code (ISIN) for Asia Strategic Holdings Limited ordinary shares: SG9999015747 | |
| b) | Nature of the transaction | Grant of options |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| US$11 | 15,000 | |
| d) | Aggregated information | n/a |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 11 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
Grant of Options
Details of the person discharging managerial responsibilities / person closely associated
| a) | Name | Jonathan Geoffrey Kolb |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer (board position) |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Asia Strategic Holdings Limited |
| b) | LEI | 213800V5GJPLFU4F6636 |
| a) | Description of the financial instrument, type of instrument | Grant of options over ordinary shares of no par value each |
| Identification code | Identification code (ISIN) for Asia Strategic Holdings Limited ordinary shares: SG9999015747 | |
| b) | Nature of the transaction | Grant of options |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| US$11 | 25,000 | |
| d) | Aggregated information | n/a |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 11 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.