Page 48 - ar2012

Share options (cont’d)
Unissued shares under 2002 Option Scheme
Unissued shares of the Company under the 2002 Option Scheme at the end of the financial year were as follows:
Number
of
holders
at year
end
Number
of options
outstanding
at 1.1.2012
Number
of options
granted
during the
financial
year
Number
of options
lapsed
during the
financial
year
Number
of options
exercised
during the
financial
year
Number
of options
outstanding
at
31.12.2012
Exercise
price
per
share
S$ Exercise period
2002 Options – 240,000 – (240,000) – – 0.142 14 March 2004 to
13 March 2012
2004 Options 1 3,400,000 – – (3,300,000) 100,000 0.229 25 May 2006 to
24 May 2014
2010 Options 16 3,730,000 – (30,000) (140,000) 3,560,000 0.335 4 January 2011 to
3 January 2020
2011 Options
(February)
17 4,050,000 – (100,000) – 3,950,000 0.505 1 February 2012 to
31 January 2021
2011 Options
(December)
19 4,470,000 – (200,000) (140,000) 4,130,000 0.315 19 December 2012 to
18 December 2021
15,890,000 – (570,000) (3,580,000) 11,740,000
The options granted to Directors of the Company and participants who received 5% or more of the total number of options available under
the 2002 Option Scheme are as follows:
Name of Director
Aggregate options
granted since
commencement of 2002
Option Scheme to end
of financial year
Aggregate options
exercised since
commencement of 2002
Option Scheme to end
of financial year
Aggregate options
lapsed/cancelled since
commencement of 2002
Option Scheme to end
of financial year
Aggregate
options
outstanding
as at end of
financial year
Lew Syn Pau 900,000 (600,000) – 300,000
Ong Kian Min 900,000 (600,000) – 300,000
Sudeep Nair2 12,000,000 (7,800,000) – 4,200,000
Boon Yoon Chiang 300,000 (40,000) – 260,000
2 7,800,000 share options were granted before his appointment as an Executive Director of the Company.
DIRECTORS’ REPORT (cont’d)
46