Jakarta, CNBC Indonesia – In the midst of a downward trend in the share price of PT GoTo Gojek Tokopedia Tbk (GOTO), there are parties that are trading these shares. Not in the regular market, but in the negotiated market.
In fact, the price is even lower than the normal market price. The price range for transactions is between Rp. 2 and Rp. 80 per share.
Apparently, the transaction is related to the existence of the Goto People Verse Fund (GPF). This entity is the manager of the employee stock option plan.
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“Options are awarded based on participant performance and length of service or services. Each stock option becomes a Series A stock, awarded gradually and continuously, the goal is no later than 2050,” he explained Thursday Melissa Siska Juminto, director of GOTO ( 8/12/2022).
Since the inception of this program, 9,791 participants have received stock options. There were then 3,414 subjects who presented share options, and as many as 2,585 received them from the GPF.
The SBC scheme was actually mentioned a long time ago in the GOTO prospectus when the company took a corporate action in the form of an initial public offering (IPO) on April 11, 2022.
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(RCI/dhf)