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Annual Report - QuamIR

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<strong>Report</strong> of the Directors (Continued)<br />

<br />

Share Option Schemes (Continued)<br />

Share Options of subsidiary of the Company (Continued)<br />

<br />

<br />

Name of<br />

Directors<br />

<br />

LEUNG Wing Sum,<br />

Samuel (note 2)<br />

2<br />

Nature of<br />

interest<br />

<br />

Personal<br />

<br />

Number of share options<br />

<br />

Outstanding<br />

at 1 January<br />

2011 Granted Exercised<br />

<br />

<br />

<br />

Cancelled<br />

/Lapsed<br />

<br />

<br />

Outstanding<br />

at<br />

31 December<br />

2011 Date of grant Exercise period<br />

<br />

<br />

<br />

550,000 – – – 550,000 20 January 2010<br />

<br />

825,000 – – – 825,000 20 January 2010<br />

<br />

1,375,000 – – – 1,375,000 20 January 2010<br />

<br />

20 January 2011 to<br />

19 January 2013<br />

<br />

<br />

20 January 2012 to<br />

19 January 2014 (note 1)<br />

<br />

1<br />

20 January 2013 to<br />

19 January 2015 (note 1)<br />

<br />

1<br />

Exercise<br />

price per<br />

share<br />

(HK$)<br />

<br />

<br />

<br />

0.764<br />

0.764<br />

0.764<br />

Total 13,250,000 – – – 13,250,000<br />

Notes:<br />

1. The share options will be vested and exercisable subject to the attainment of the<br />

performance target as determined by the board of directors of CRE.<br />

2. Dr. YUNG Pak Keung, Bruce and Mr. LEUNG Wing Sum, Samuel are directors of<br />

CRE, the listed subsidiary of the Company.<br />

Save as disclosed above, no share option was granted, exercised, cancelled<br />

nor lapsed during the year ended 31 December 2011 under the CRE Option<br />

Scheme.<br />

<br />

1. <br />

<br />

2. <br />

<br />

<br />

<br />

<br />

•<br />

47

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