SGX Filings

    Notice Of A Director’s (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest

    SGX Filings
    >> PART I
     
    1. Date of notice to issuer * 18-11-2005
     
    2. Name of Director * Sridhar Krishnan
     
    3. Please tick one or more appropriate box(es): *
     
    • Notice of a Director’s (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
     
     
    >> PART II
     
    1. Date of change of Shareholding 18-11-2005
     
    2. Name of Registered Holder Raffles Nominees Pte Ltd
     
    3. Circumstance(s) giving rise to the interest or change in interest Sales in Open Market at Own Discretion
      # Please specify details
     
     
    4. Information relating to shares held in the name of the Registered Holder
     
    No. of Shares held before the change 1,981,244
    As a percentage of issued share capital 0.13 %
     
    No. of Shares which are subject of this notice 500,000
    As a percentage of issued share capital 0.03 %
     
    Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.43
     
    No. of Shares held after the change 1,481,244
    As a percentage of issued share capital 0.10 %
     
     
    >> PART III
     
    1. Date of change of [Select Option]  
     
    2. The change in the percentage level From % To %
     
    3. Circumstance(s) giving rise to the interest or change in interest [Select Option]
      # Please specify details
     
     
    4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
     
     
     
    >> PART IV
     
    1. Holdings of Director , including direct and deemed interest :
     
    Direct
    Deemed
    No. of shares held before the change 141,482,932 4,227,544
    As a percentage of issued share capital 9.10 % 0.27 %
    No. of shares held after the change 141,482,932 3,727,544
    As a percentage of issued share capital 9.10 % 0.24 %
     
    Footnotes
    The 141,482,932 shares as shown in Part IV above are registered under the names of Sridhar Krishnan, Shekhar Anatharaman and Joydeep Bose, and held in trust for the management (including the directors) and employees of the Group pursuant to the Olam International Limited Employee Share Benefit Scheme (the “ESBS”) and Olam International Limited Employee Share Subscription Scheme 2004 (the” ESSS”).

    Sridhar Krishnan had a beneficial interest in 8,100,012 shares under the ESBS and 4,227,544 shares under the ESSS before the sale of 500,000 shares (the “Sale”). The net proceeds from the Sale is intended to set off outstanding loans, including loan under the ESSS.

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