CITY UNION BANK LTD. - Issue of Securities - Employee Stock Options

City Union Bank Ltd has informed BSE that pursuant to exercise of options by the eligible employees under City Union Bank Employees Stock Option Scheme 2008, the Remuneration and Compensation Committee of the Board of Directors at its meeting held on December 22, 2016, inter-alia considered and allotted 28,73,602 equity shares in the following manner at a face value of Re. 1/- each.