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Food Empire Holdings Limited Annual Report 2013
56
Share options (cont’d)
Unissued shares under 2002 Option Scheme and 2012 Option Scheme
Unissued shares of the Company under the 2002 Option Scheme and 2012 Option Scheme at the end of the financial year were as follows:
Number
Number
Number
of options of options of options
Number
Number
granted
lapsed exercised
of options Exercise
Number of of options during the during the during the outstanding price per
holders at outstanding
financial
financial
financial
at
share
Exercise
year end at 1.1.2013
year
year
year
31.12.2013
S$
period
2002 Option Scheme
2004 Options
1
100,000
–
–
–
100,000
0.229
25 May 2006
to 24 May 2014
2010 Options
11
3,560,000
–
–
(450,000)
3,110,000
0.335
4 January 2011
to 3 January 2020
2011 Options (February)
17
3,950,000
–
–
(70,000)
3,880,000
0.505
1 February 2012
to 31 January 2021
2011 Options (December)
19
4,130,000
–
–
(208,000)
3,922,000
0.315
19 December 2012
to 18 December 2021
11,740,000
–
–
(728,000) 11,012,000
2012 Option Scheme
2013 Options
24
– 4,880,000
–
–
4,880,000
0.669
8 March 2014
to 7 March 2023
11,740,000 4,880,000
–
(728,000) 15,892,000
During the financial year:
•
The Company granted 4,580,000 options which are exercisable between 8 March 2014 to 7 March 2023, to subscribe for ordinary shares
at an exercise price of S$0.669 per share, to Executive Directors and selected group of employees eligible under the 2012 Option Scheme.
•
The Company also granted 300,000 options which are exercisable between 8 March 2014 to 7 March 2018, to subscribe for ordinary shares
at an exercise price of S$0.669 per share, to Non-Executive Directors eligible under the 2012 Option Scheme.
Directors’ Report