Annual Report 2016
93
Report of the Directors
Directors’ Interests in Shares, Underlying Shares and Debentures
(continued)
(A) Long Position in Shares
(continued)
Notes:
(1)
These shares are beneficially owned by companies which are wholly owned by Mr. Doo Wai-Hoi, William.
(2)
These shares are beneficially owned by a company in which Mr. Ho Hau-Hay, Hamilton owns 40.0% of its issued share capital.
(3)
These shares are beneficially owned by a company which is wholly owned by Dr. Cheng Kar-Shun, Henry.
(4)
These shares are beneficially owned by a company which is wholly owned by Mr. Doo Wai-Hoi, William.
(5)
These shares are beneficially owned by a company which is wholly owned by Mr. Cheng Kar-Shing, Peter.
(6)
These shares are beneficially owned by a controlled corporation of Mr. Cheng Kar-Shing, Peter.
(B) Long Position in Underlying Shares — Share Options
During the year ended 30 June 2016, certain Directors of the Company have interest in share options to subscribe for shares
in the Company and certain of its subsidiaries. Details of such interests and summaries of share option schemes of the
Company and its subsidiaries are shown below.
Share Option Scheme of the Company
On 24 November 2006, the Company adopted a share option scheme (the “Scheme”) and certain rules of such scheme were
amended on 13 March 2012. Under the Scheme, the Directors of the Company may at their discretion grant options to any
eligible participant (as explained hereinafter) to subscribe for shares in the Company.
Summary of the Scheme disclosed in accordance with the Listing Rules is as follows:
The Scheme
Purpose of the scheme
To reward directors and employees of the Group for past service or
performance, to provide incentive, motivation or reward to eligible
participants for increasing performance or making contribution to the
Group, to attract and retain persons of right caliber with the necessary
experience to work for or make contribution to the Group, to foster a
sense of corporate identity and to allow the eligible participants to enjoy
the results of the Company attained through their relationship, efforts
and/or contribution.
Participants of the scheme
Eligible participant may be a person or an entity belonging to any of the
following classes:
(i)
any eligible employee;
(ii)
any non-executive director (including independent non-executive
director) of the Company or any invested entity of the Group (the
“Invested Entity”);
(iii) any person seconded or nominated by the Group to represent the
Group’s interest in any of the Invested Entity or any other company
or organisation;
(iv) any supplier of goods or services to any member of the Group or
any Invested Entity;
(v)
any customer of any member of the Group or any Invested Entity;
(vi) any person or entity that provides research, development or other
technological support to the Group or any Invested Entity;
(vii) any adviser (professional or otherwise) or consultant to any area of
business or business development of any member of the Group or
any Invested Entity; and
(viii) any joint venture partner or business alliance that co-operates with
any member of the Group or any Invested Entity in any area of
business operation or development.
