As stated (AKR) has approved the issuance of Management Stock Option Plan (MSOP) and the increase in paid-up capital through the mechanism of increase of capital without Preemptive Rights Dahuli (ER).
Aulia Taufani Legal Counsel of the Company stated, AKR shareholders approved the increase in issued and paid through the mechanism of increase of capital without pre-emptive rights by issuing new shares that are still in savings (portfolio) of the Company for the MSOP 2011.
"That is the maximum number of 76,430,870 shares with a nominal value of Rp 100 per share, which will be allocated in 2 plan," said Aulia in the description of the Company on Information Disclosure of the Indonesia Stock Exchange (IDX), Tuesday (10/05/2011).
The allocation of these two plans ie Plan I in 2012 and Plan II in 2013. Aulia explained this was done in order to grant options to management to purchase shares of the Company with the terms and conditions set.
Such provisions, among others, conduct implementation MSOP price determined in accordance with BEI, the legal terms of the option until the end of the third year from the date of issuance of the option. Finally, the allocation of options is determined by using procedures that have been allocated
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