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GHL Systems Berhad
(293040-D)
Annual report 2015
OPTIONS GRANTED OVER UNISSUED SHARES (continued)
The details of the options over the ordinary shares of the Company are as follows:
Number of options over ordinary shares of RM0.20 each
Option
price
RM
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 *
Date of offer
3 September 2013
- first tranche
0.227
1,566,066
-
(1,516,059)
(50,007)
-
-
- second tranche
0.227
1,641,625
-
(1,089,421)
(52,107)
500,097
500,097
- third tranche
0.227
7,450,009
-
(5,152,220)
(349,986)
1,947,803 1,947,803
10,657,700
-
(7,757,700)
(452,100)
2,447,900 2,447,900
20 June 2014
- first tranche
0.574
2,000,001
-
(500,000)
-
1,500,001 1,500,001
- second tranche
0.574
2,000,001
-
-
-
2,000,001
-
- third tranche
0.574
1,999,998
-
-
-
1,999,998
-
6,000,000
-
(500,000)
-
5,500,000 1,500,001
8 September 2015
- first tranche
0.860
-
600,000
-
-
600,000
600,000
- second tranche
0.860
-
600,000
-
-
600,000
-
- third tranche
0.860
-
600,000
-
-
600,000
-
-
1,800,000
-
-
1,800,000
600,000
*
Forfeited due to resignation.
The Company has been granted exemption by the Companies Commission of Malaysia vide its letter dated 6
November 2015 from having to disclose the list of option holders to whom options have been granted during the
financial year and details of their holdings pursuant to Section 169(11) of the Companies Act, 1965 in Malaysia
except for information of executives who were granted 500,000 options and above.
Other than the Directors’ options disclosed under the Directors’ interests, the following executives were granted
500,000 options and above under the ESS during the financial year:
Number of options over ordinary shares of RM0.20 each
Balance
Balance
as at
as at
1.1.2015
Granted Exercised 31.12.2015
Leong Kah Chern
3,000,000
-
-
3,000,000
Tham Kah Fook
1,500,000
-
-
1,500,000
Rey Maria R. Chumacera
1,500,000
-
(500,000)
1,000,000
Sam Eng Sun
1,500,000
-
(500,000)
1,000,000
Directors’
Report