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Samsonite Group S.A. — Share Issue/Capital Change 2016
May 11, 2016
50259_rns_2016-05-11_2116cd75-5e0c-4431-9e1e-776ae5b36295.pdf
Share Issue/Capital Change
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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.
Samsonite
SAMSONITE INTERNATIONAL S.A.
新秀麗國際有限公司
13-15 Avenue de la Liberté, L-1931 Luxembourg
R.C.S. LUXEMBOURG: B 159.469
(Incorporated in Luxembourg with limited liability)
(Stock code: 1910)
ANNOUNCEMENT 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 "Listing Rules").
The Board of Directors (the "Board") of Samsonite International S.A. (the "Company") announces that on May 11, 2016, the Company granted a share option (the "Option") to an employee of a subsidiary of the Company (the "Grantee") pursuant to the Company's Share Award Scheme which was adopted on September 14, 2012 and amended on January 8, 2013, subject to acceptance by the Grantee. The Option entitles the Grantee to subscribe for a total of 62,160 new shares with a nominal value of US$0.01 each (the "Shares") in the capital of the Company.
Details of the Option granted are set out below:
Date of grant : May 11, 2016
Number of Shares issuable under : 62,160 Option granted
Exercise price of Option granted : HK$24.23
Closing price of the Shares on May 11, 2016, being the date of grant : HK$24.10
Validity period of the Option : 10 years from the date of grant and the Option will lapse on May 11, 2026
Vesting dates of the Option : 25% of the Option granted will vest on each of May 11, 2017, May 11, 2018, May 11, 2019 and May 11, 2020
The Grantee is not a director, chief executive or substantial shareholder of the Company or any of their respective associates (as defined in the Listing Rules).
By Order of the Board
SAMSONITE INTERNATIONAL S.A.
JOHN B. LIVINGSTON
Joint Company Secretary
Hong Kong, May 11, 2016
As of the date of this announcement, the Executive Directors are Ramesh Dungarmal Tainwala and Kyle Francis Gendreau, the Non-Executive Directors are Timothy Charles Parker and Tom Korbas and the Independent Non-Executive Directors are Paul Kenneth Etchells, Keith Hamill, Miguel Kai Kwun Ko, Bruce Hardy McLain (Hardy) and Ying Yeh.
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