CIC goes for ESOS scheme

The Director Board of Chemical Industries (Colombo) PLC (CIC) has decided to issue shares under an Employee Share Option Scheme (ESOS) for the benefit of Chemical Industries (Colombo) PLC employees, the company announced to the Colombo Stock Exchange yesterday.

The number of ordinary shares in CIC PLC to be issued under the ESOS is 1.8 million consisting of 379,080 voting shares and 1,516,320 non voting shares which is equivalent to two percent of the issued capital.