UOB grants 30,400 shares to eligible non-executive directors
The share awards are part of the directors’ remuneration for 2023.
UOB has granted a total of 30,400 share awards to its eligible non-executive directors, according to a bourse filing.
At a price of $30.1733 per share, the combined price of the share awards is $917,268.32.
ALSO READ: Zed challenges banking norms with no interest, forward-looking credit card
Non-executive directors eligible were Wong Kan Seng (13,700 shares), Steven Phan Swee Kim (4,000), Chia Tai Tee (3,400), Tracey Woon Kim Hong (3,200), Dinh Ba Thanh (1,100), Teo Lay Lim (2,500), and Ong Chong Tee (2,500).
The share awards are a part of the directors’ remuneration for 2023. It was approved by shareholders at the UOB’s annual general meeting last 18 April 2024.