inter roller fa final
inter roller fa final
inter roller fa final
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Directors’ ReportShare options exercisedParticulars of shares issued during the financial year by virtue of the exercise of options to take up unissued shares ofthe Company whether granted before or during the financial year are as follows:No. of Class of Amount paidCompany Person to whom shares were issued shares issued shares issued per shareInter-Roller Chief Executive Officer - 100,000 Ordinary $0.31Engineering Lim Yee Min share ofLimited$0.20 eachInter-Roller Full-time Executives 270,000 Ordinary $0.20Engineering 129,000 share of $0.28Limited 1,195,000 $0.20 each $0.31228,000 $0.3375,000 $0.39215,000 $0.422,212,000Unissued shares under optionThe unissued shares under options granted to full-time executives and directors at the end of the financial year are asfollows:Inter-Roller Engineering Limited Executives’ Share Option Scheme 2001DateGrantedoptions Balance during Exercised Balance at Offer price Periodgranted at 1.1.2004 the year during the year 31.12.2004 per share exercisable18.3.99 129,500 - (129,000) 500 $0.28 18.3.00 -17.3.097.9.99 180,000 - (165,000) 15,000 $0.42 7.9.00 - 6.9.0917.3.00 252,500 - (228,000) 24,500 $0.33 17.3.01 - 16.3.1019.9.00 40,000 - (40,000) - $0.20 19.9.01 - 18.9.1023.3.01 62,000 - (60,000) 2,000 $0.20 23.3.02 - 22.3.1119.4.02 190,000 - (170,000) 20,000 $0.20 19.4.03 - 18.4.1211.4.03 1,345,000 - (1,295,000) 50,000 $0.31 11.4.03 - 10.4.1320.6.03 75,000 - (75,000) - $0.39 20.6.03 - 19.6.132.7.03 50,000 - (50,000) - $0.42 2.7.03 - 1.7.1320.2.04 - 1,930,000 - 1,930,000 $0.36 20.2.04 - 19.2.142,324,000 1,930,000 (2,212,000) 2,042,000There were no unissued shares of any subsidiary company under option as at end of the financial year.36 <strong>inter</strong>-<strong>roller</strong> engineering limited annual report2004