SATS issues 4.3 million new ordinary shares

They will be listed on the SGX beginning 2 July.

SATS has issued over 4.3 million new ordinary shares on 1 July.

The aggregate 4,337,821 shares will be vested under the SATS Restricted Share Plan and Performance Share Plan.

With this, SATS’ total number of issued and paid-up ordinary shares has increased to 1,495,068,992, including 99,905 treasury shares.

The new ordinary shares will be listed and quoted on the Singapore Exchange beginning 2 July 2024.

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