REG - Winking Studios Ltd - Grant of Share Awards

About this update from Winking Studios Limited

RNS Number : 9609E Winking Studios Limited 15 April 2025 WINKING STUDIOS LIMITED(Company Registration No. 159882)(Incorporated in the Cayman Islands)GRANT OF SHARE AWARDS PURSUANT TO THEWINKING STUDIOS PERFORMANCE SHARE PLANIn accordance with Rule 704(32) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist, the Board of Directors (the "Board") of Winking Studios Limited (the "Company", together with its subsidiaries, the "Group") hereby announces the details of the grant of share awards ("Awards") pursuant to allocations under the Winking Studios Performance Share Plan ("Winking PSP") to employees of the Group. Pursuant to AIM Rule 17, further announcement(s) will be made on vesting and issue of any new Shares issued pursuant to Awards under the Winking PSP.Winking PSPDate of grant of Awards under the Winking PSP21 April 2025Number of Shares which are the subject of the Awards granted under the Winking PSP1,950,000Market price of Shares on the date of the grant0.255 SGD (being the closing market price of the Shares on the date of this announcement. Company will update on the market price of the Shares traded on Catalist on 21 April 2025 in the event it differs from the market price as disclosed herein).Number of Shares granted to each Director and controlling shareholder (and each of their associates), if anyNilVesting date of Shares awardedThe Awards granted will be vested in tranches as set out below:TrancheUp to % of AwardsVesting date/End of Performance PeriodTranche 133.332029Tranche 233.332030Tranche 333.342031A specified number of Shares will be released to the participants at the end of each performance period, subject to threshold targets and tenure of service being achieved by the respective employees.BY ORDER OF THE BOARDMR. JOHNNY JANExecutive Director and Chief Executive Officer (Founder)15 April 2025EnquiriesSingaporeUKWinking Studios LimitedJohnny Jan, Executive Director and Chief Executive Officer (Founder)Oliver Yen, Finance Director and Group Chief Financial OfficerVia Alma8PR Asia (Singapore Investor Relations)Alex Tan+65 9451 [email protected] Strategic CommunicationsJustine James / David Ison / Emma Thompson+44 (0)20 3405 [email protected] Corporate Finance Pte. Ltd. (Sponsor)Foo Jien [email protected] Hanson Limited(Financial and ...

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