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Bloks Group Limited Capital/Financing Update 2011

Jan 3, 2011

49127_rns_2011-01-03_9ba587ed-e7ca-428c-b693-919ed2f4a9ad.pdf

Capital/Financing Update

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(Incorporated in Bermuda with limited liability)

(Stock Code: 182)

Grant of Share optionS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

The board of directors (“Board”) of China WindPower Group Limited (“Company”) has granted a total of 200,000,000 share options (“Options”) to the eligible persons including its directors and employees, to subscribe for a total of 200,000,000 ordinary shares of HK$0.01 each (“Shares”) of the Company . The Options were granted pursuant to the share options scheme adopted by the Company on 16 April 2007.

A summary of such grant is set out below:

Date of grant: 3 January 2011 Exercise price: HK$0.80 Closing price of the Shares on date of grant: HK$0.80 Exercise period of the Options: 3 January 2012 to 2 January 2016

  • for identification purpose only

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Among the 200,000,000 Options, 63,400,000 Options have been granted to the following directors of the Company:

name of Director number of options
Liu Shunxing 15,000,000
Wang Xun 10,000,000
Yang Zhifeng 10,000,000
Liu Jianhong 10,000,000
Yu Weizhou 10,000,000
Ko Wing Yan, Samantha 4,000,000
Chan Kam Kwan, Jason 1,000,000
Zhou Dadi 1,000,000
Tsoi Tong Hoo, Tony 800,000
Wong Yau Kar, David 800,000
Yap Fat Suan, Henry 800,000

By order of the Board

Liu Shunxing

Chairman and Chief Executive Officer

Hong Kong, 3 January 2011

As at the date of this announcement, the Board comprises Mr. Liu Shunxing, Mr. Ko Chun Shun, Johnson, Mr. Wang Xun, Mr. Yang Zhifeng, Ms. Liu Jianhong, Mr. Yu Weizhou, Ms. Ko Wing Yan, Samantha and Mr. Chan Kam Kwan, Jason (who are executive directors), Mr. Tsoi Tong Hoo, Tony (who is non-executive director), and Dr. Zhou Dadi, Dr. Wong Yau Kar, David JP and Mr. Yap Fat Suan (who are independent non-executive directors).

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