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Crypto Flow Technology Limited — Share Issue/Capital Change 2009
Feb 17, 2009
51323_rns_2009-02-17_b123f3fd-0e9f-4e8a-a4f1-a57ad6824722.pdf
Share Issue/Capital Change
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaims 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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MelcoLot Limited
(formerly known as Melco LottVentures Limited)
(incorporated in the Cayman Islands with limited liability) website: http://www.melcolot.com
(Stock Code: 8198)
GRANT OF SHARE OPTIONS
This announcement is made pursuant to rule 23.06A of the Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock Exchange.
The board of directors (the “Board” ) of MelcoLot Limited (the “ Company ”) hereby announces that on 16 February 2009, 13,000,000 share options (the “Share Options” ) to subscribe for ordinary shares of HK$0.01 each (the “Shares” ) of the Company were granted to individuals (the “Grantees” ), subject to acceptance of the Grantees, under the share option scheme adopted by the Company on 20 April 2002. Details of the Share Options granted are as follows:
Date of grant : 16 February 2009 Exercise price of Share Options : HK$0.30 per Share granted Number of Share Options granted : 13,000,000 Closing price of the Share on the date : HK$0.3 per Share of grant Validity period of the Share Options : Period from 16 February 2009 to 15 February 2019
Among the total 13,000,000 Share Options, 2,120,000 Share Options were granted to Mr. Christos Moumouris, an executive director of the Company.
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Each Share Option shall entitle the holder of the Share Option to subscribe for one Share upon exercise of such Share Option at an exercise price of HK$0.30 per Share, which represents the highest of (i) the closing price of HK$0.30 per Share as stated in the daily quotation sheets issued by the Stock Exchange on 16 February 2009, being the date of grant; (ii) the average closing price of HK$0.30 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the Date of Grant; and (iii) the nominal value of the Share.
By order of the Board of MelcoLot Limited Chan Sek Keung, Ringo Chairman and Executive Director
Hong Kong, 17 February 2009
As at the date of this announcement, the Board consists of three executive Directors, namely, Mr. CHAN Sek Keung, Ringo, Mr. KO Chun Fung, Henry and Mr. Christos MOUMOURIS; and three independent non-executive Directors, namely, Mr. David TSOI, Mr. PANG Hing Chung, Alfred and Mr. SO Lie Mo, Raymond.
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief : (1) the information contained in this announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading; and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.
This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the Company’s website at www.melcolot.com.
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