REG - Asia Strategic Ltd - Grant of Options

Asia Strategic HoldingsAnnouncement

02/10/2025 07:00

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RNS Number : 3985B  Asia Strategic Holdings Limited  02 October 2025

2 October 2025

Asia Strategic Holdings Ltd.

 

("Asia Strategic" or the "Company")

Grant of Options

 

Asia Strategic Holdings Ltd. (LSE: ASIA), the independent developer and
manager of consumer businesses located in emerging Asia, today announces the
Company has granted options over a total of 100,000 new ordinary shares of no
par value to certain directors and key management of the Group under the
Company's 2024 employee share option plan (the "2024 ESOP").

The 100,000 share options, which represent 3.3% of the Company's current
issued share capital, include grants to the following Persons Discharging
Managerial Responsibilities ("PDMR") of the Company:

 

 Director / PDMR                                                   Options granted
 Enrico Cesenni, Chief Executive Officer (board position)          30,000
 Jonathan Geoffrey Kolb, Chief Financial Officer (board position)  30,000

 

All options are exercisable at a price of US$11.00 in accordance with the
conditions of the 2024 ESOP and subject to the following time vesting
conditions:

 ·   First anniversary from grant date: 40% of the option.

·    Second anniversary from grant date: 40% of the option.

·    Third anniversary from grant date: 20% of the option.

 

Including this grant, total options granted to date (net of any options
lapsed) amount to 513,500 equating to 17.0% of the Company's current issued
share capital.

Further information is set out in the PDMR disclosure tables below.

 

For more information, please visit www.asia-strategic.com
(http://www.asia-strategic.com/)  or contact:

 

 Asia Strategic Holdings Ltd.                                richard@asia-strategic.com

 Richard Greer, Independent Non-Executive Chairman           enrico@asia-strategic.com

 Enrico Cesenni (OSI), Founder and Chief Executive Officer
 Allenby Capital Limited (Broker)                            +44 (0)20 3328 5656

 Nick Athanas

 Nick Naylor

 Lauren Wright
 Yellow Jersey PR (Financial PR)                             +44 (0) 20 3004 9512

 Shivantha Thambirajah

 Bessie Elliot

 

Notes to editors

Asia Strategic Holdings Ltd. (LSE: ASIA) is an independent developer and
operator of consumer businesses focused on Education and Services in Emerging
Asia, specifically Vietnam and Myanmar, two of the world's fastest-growing
economies.

Education Division: The Group operates a diverse portfolio of education
brands, encompassing English language learning, coding, K-12 international
education, and tertiary education. As of 31 March 2025, the Education division
consisted of 32 schools, serving 9,910 students.

Wall Street English

·      Exclusive franchising agreement since 2016 (Myanmar) and 2020
(Vietnam).

·      Vietnam: seven schools serving 3,450 students.

·      Myanmar: six schools serving 3,170 students.

Kids&Us

·    Exclusive franchising agreement since 2022.

·    Vietnam: six schools serving 970 students.

·      Myanmar: three schools serving 490 students.

Logiscool

·    Exclusive franchising agreement since 2023.

·    Vietnam: two schools serving 110 students.

·      Myanmar: four schools serving 620 students.

Yangon American International School

·    Established in 2019, Yangon American is an authorised International
Baccalaureate ("IB") Primary Years Programme ("PYP") school.

·    Candidate for IB Middle Years Programme ("MYP") authorisation and
Western Association of Schools and Colleges ("WASC") accreditation.

·      Offers up to ninth grade (2025/26 academic year) with 180
students.

Auston

·    Partnerships with Auston Institute of Management (Singapore) and
Liverpool John Moores University (UK, in teach out) to offer internationally
recognised engineering and IT diplomas and degrees.

·    Campuses in Yangon and Mandalay.

·    Yangon: 690 students enrolled as of 31 March 2025.

·      Mandalay: 230 students enrolled as of 31 March 2025.

Services Division

EXERA

·    Acquired in 2018, provides integrated risk management, asset
protection, secure logistics, safety services, and facility management
services to both international and local clients in Myanmar. Expanded to
Vietnam in 2024, offering facility management services.

·    Vietnam: Facility management operations launched in FY24.

·      Myanmar: ca. 1,670 security officers and ca. 220 customer sites
as of 31 March 2025.

Ostello Bello

·      Operates boutique hotels in Myanmar's key tourist destinations of
Bagan and Mandalay with ca. 40 rooms and ca. 130 beds.

Asia Strategic Holdings utilises an asset-light strategy to scale its
operations and capitalises on emerging opportunities in Vietnam and Myanmar.

To receive news alerts on Asia Strategic Holdings, please sign up here under
the 'RNS' header: https://asia-strategic.com/investor-relations/
(https://asia-strategic.com/investor-relations/) .

 

 

The notifications set out below are provided in accordance with the
requirements of the EU Market Abuse Regulation.

 

Grant of Options

 

      Details of the person discharging managerial responsibilities / person closely
      associated

 a)   Name                                                         Enrico Cesenni

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer (board position)

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Asia Strategic Holdings Limited

 b)   LEI                                                          213800V5GJPLFU4F6636

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Grant of options over ordinary shares of no par value each

      Identification code                                          Identification code (ISIN) for Asia Strategic Holdings Limited ordinary
                                                                   shares: SG9999015747

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

                                                                                        Price(s)             Volume(s)
                                                                                        US$11                30,000

 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      2 October 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

Grant of Options

 

      Details of the person discharging managerial responsibilities / person closely
      associated

 a)   Name                                                         Jonathan Geoffrey Kolb

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer (board position)

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Asia Strategic Holdings Limited

 b)   LEI                                                          213800V5GJPLFU4F6636

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Grant of options over ordinary shares of no par value each

      Identification code                                          Identification code (ISIN) for Asia Strategic Holdings Limited ordinary
                                                                   shares: SG9999015747

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

                                                                                        Price(s)             Volume(s)
                                                                                        US$11                30,000

 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      2 October 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

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