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GHL Systems Berhad
(293040-D)
Annual report 2015
Notes to the Financial Statements
31 December 2015 (continued)
32. EXECUTIVES’ SHARE SCHEME (“ESS”) (continued)
The details of the options over ordinary shares of the Company are as follows (continued):
Number of options over ordinary shares of RM0.20 each
Outstanding
as at
1.1.2015
Movements during the financial year Outstanding
as at
31.12.2015
Exercisable
as at
31.12.2015
Granted Exercised Forfeited
2015
20 June 2014
- first tranche
2,000,001
-
(500,000)
-
1,500,001 1,500,001
- second tranche
2,000,001
-
-
-
2,000,001
-
- third tranche
1,999,998
-
-
-
1,999,998
-
6,000,000
-
(500,000)
-
5,500,000 1,500,001
Weighted average
exercise prices (RM)
0.57
-
0.57
-
0.57
0.57
Weighted average
remaining contractual life
(months)
30
18
Number of options over ordinary shares of RM0.20 each
Outstanding
as at
1.1.2015
Movements during the financial year Outstanding
as at
31.12.2015
Exercisable
as at
31.12.2015
Granted Exercised Forfeited
2015
8 September 2015
- first tranche
-
600,000
-
-
600,000 600,000
- second tranche
-
600,000
-
-
600,000
-
- third tranche
-
600,000
-
-
600,000
-
-
1,800,000
-
-
1,800,000 600,000
Weighted average
exercise prices (RM)
-
0.86
-
-
0.86
0.86
Weighted average
remaining contractual life
(months)
-
32