AI assistant
IRC Limited — Director's Dealing 2012
Jun 5, 2012
49636_rns_2012-06-05_f6c6c64d-0ce3-463c-81d3-efe8de3c8e7f.pdf
Director's Dealing
Open in viewerOpens in your device viewer
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.
==> picture [221 x 95] intentionally omitted <==
(Stock Code: 488)
Grant of Share Option
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 (the “ Board ”) of Lai Sun Development Company Limited (the “ Company ”) announces that the Company has granted Mr. Chew Fook Aun (“ Mr. Chew ”), an Executive Director and the Deputy Chairman of the Company (subject to acceptance), under the share option scheme adopted by the Company on 22 December 2006 an option (the “ Option ”) to subscribe for a total of 200,628,932 ordinary shares of HK$0.01 each in the share capital of the Company (the “ Shares ”). Brief details of the Option are as follows:
| Date of grant | : | 5 June 2012 |
|---|---|---|
| Number of Shares comprised in the Option | : | 200,628,932 Shares (the “Option Shares”) |
| Exercise price per Option Share | : | HK$0.112 |
| Closing price of the Shares on the date of | : | HK$0.111 per Share |
| grant | ||
| Validity (exercisable) period of the Option | : | 5 June 2012 to 4 June 2022 |
The granting of the Option to Mr. Chew has been approved by all the Independent Non-executive Directors of the Company.
By Order of the Board Lai Sun Development Company Limited Kwok Siu Man Company Secretary
Hong Kong, 5 June 2012
As at the date of this announcement, the Board comprises five executive directors, namely Dr. Lam Kin Ngok, Peter (Chairman) and Messrs. Chew Fook Aun (Deputy Chairman), Lau Shu Yan, Julius (Chief Executive Officer), Lui Siu Tsuen, Richard and Cheung Sum, Sam; three non-executive directors, namely Dr. Lam Kin Ming, Madam U Po Chu and Mr. Wan Yee Hwa, Edward; and three independent non-executive directors, namely Messrs. Lam Bing Kwan, Leung Shu Yin, William and Ip Shu Kwan, Stephen.