Marco Polo Marine increases issued shares after option exercise
SGX Filings
Apr 09
Marco Polo Marine Ltd announced the allotment and issue of 177,000 new ordinary shares following the exercise of employee share options under its 2024 scheme.
The move raises the company’s total issued share capital (excluding treasury shares) to 3,906,996,000, up from 3,906,819,000.
The options were exercised at an exercise price of Singapore dollars 0.067 per share.
The newly issued shares will rank pari passu with existing shares and are scheduled to begin trading on the Singapore Exchange on Apr, 10 2026.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.