Grant of Options
2nd Oct 2025 07:00
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 or contact:
Asia Strategic Holdings Ltd. Richard Greer, Independent Non-Executive Chairman Enrico Cesenni (OSI), Founder and Chief Executive Officer |
|
Allenby Capital Limited (Broker) Nick Athanas Nick Naylor Lauren Wright | +44 (0)20 3328 5656
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Yellow Jersey PR (Financial PR) Shivantha Thambirajah Bessie Elliot | +44 (0) 20 3004 9512 |
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/.
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 | |||