https://newsletter.mw.creamermedia.com
Building|Business|Financial
Building|Business|Financial
building|business|financial

Omnia employees receive R45m payout through broad-based share scheme

30th September 2024

By: Sabrina Jardim

Senior Online Writer

     

Font size: - +

JSE-listed chemicals group Omnia Holdings this week announced the vesting of its broad-based employee share scheme, amounting to R45-million. 

Omnia says the scheme, established in 2021, gave 300 shares to each employee, which effectively allowed 2 530 Omnia employees to participate in the financial rewards of the company as owners. 

“The vesting of these shares is a significant milestone in the history of our business, which demonstrates our collective progress and achievements in building a successful global business.

“Importantly, it reflects our employees’ unwavering commitment to Omnia and resilient spirit to drive our excellent performance, and I’m greatly honoured to be a part of this journey,” says Omnia CEO Seelan Gobalsamy.

Employees that joined the group after the initial launch of the scheme in 2021 will benefit from their shares vesting in 2025 and 2026, respectively.

“The Omnia team continues on its journey to deliver its strategy and ensure that all our people benefit from Omnia’s success. Our purpose of ‘Innovating to enhance life, together creating a greener future,’ stands us in great stead to continue building a resilient and successful business,” adds Gobalsamy.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest News

Crocodile River mine
Eastplats reports narrower losses
14th November 2025 By: Sabrina Jardim

Showroom

Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds is a leading steel, tube, and engineering product supplier in South Africa.

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 14 November 2025
Magazine round up | 14 November 2025
14th November 2025
Golden City being put back on gold map by exciting new West Wits gold project; and, Thungela highlights innovation, talent, sustainability in coal processing at Coal Africa 2025
Resources Watch
12th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.143 0.225s - 143pq - 2rq
Subscribe Now