GHL System Berhad Annual Report 2017

ANNUAL REPORT 2017 113 NOTES TO THE FINANCIAL STATEMENTS 31 December 2017 CONT’D 21. SHARE CAPITAL (cont’d) The details of share options outstanding at the end of the reporting period are as follows: Weighted average exercise price Exercise period 2017 2016 RM RM Offer date 3 September 2013 - first tranche - 0.23 3.9.2013 - 2.9.2016 - second tranche - 0.23 3.9.2014 - 2.9.2016 - third tranche - 0.23 3.9.2015 - 2.9.2016 20 June 2014 - first tranche 0.57 0.57 20.6.2014 - 19.6.2017 - second tranche 0.57 0.57 2.1.2016 - 19.6.2017 - third tranche 0.57 0.57 2.1.2017 - 19.6.2017 8 September 2015 - first tranche 0.86 0.86 8.9.2015 - 2.9.2018 - second tranche 0.86 0.86 8.9.2016 - 2.9.2018 - third tranche 0.86 0.86 6.8.2017 - 2.9.2018 Share options exercised during the financial year resulted in the issuance of 4,720,000 (2016: 4,877,800) ordinary shares at an average price of RM0.683 (2016: RM0.411) each. The related weighted average ordinary share price at the date of exercise was RM1.00 (2016: RM1.00).