Micro-Mechanics (Holdings) Ltd (5DD) announced on Oct, 9 2026 that it has granted 75,000 ordinary shares to Executive Director and Chief Executive Officer Mr Kyle Christopher Borch under the company’s Performance Share Plan 2025.
The award, known as the KB Award, was issued at no cost to the recipient and is based on the last-done market price of 2.68 Singapore dollars per share on Oct, 9 2026. All shares are scheduled to vest and be released on Oct, 28 2026, after which they will be subject to a one-year trading moratorium.
Micro-Mechanics said the shares will be transferred from its treasury stock, and the firm will release a separate notice once the actual transfer takes place, in line with Singapore Exchange reporting requirements.