CATHAY INTERNATIONAL HOLDINGS LIMITED 
By Grant of Share Options - London Stock Exchange
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CompanyCathay International Holdings Ld
TIDM CTI
Headline Grant of Share Options
Released 10:50 03-Apr-2012
Number 7060A10
RNS Number : 7060A
Cathay International Holdings
Ld
03 April 2012
Cathay International Holdings
Limited
("Cathay" or the
"Company")
Grant of Share
Options
Hong Kong, 3 April
2012 - Cathay
International Holdings
Ltd. (LSE: CTI.L),
an investment holding
company and a
leading investor in
thegrowing healthcare
sector in the
People's Republic
of China, today
announces that on
3 April 2012,
the Company granted
4,310,000 options
under a share
option plan (the
"Share Option
Plan") approved
by shareholders of
the Company on
3 June 2010.
The 4,310,000 options
granted to the
Group's management
and employees
represent approximately
22.6% of the options
currently available
under the Share
Option Plan. Of
the 4,310,000 options
granted, the share
options granted to
directors and senior
executives of the
Group are as
follows:
Name | Position | Number of share options granted |
Mr. Lee Jin-Yi | Chief Executive Officer | 2,300,000 |
Mr. Eric Siu Ka Chi | Finance Director | 200,000 |
Mr. Patrick Sung | Director and Controller | 250,000 |
Ms. Rebecca Yip Pui Ling | Company Secretary | 80,000 |
The exercise price of
the options of
29.88 pence per
share is the
average closing
mid-market price of
the Company shares
for the 30
trading days
immediately prior to
the date of
grant. The options
have a three
years vesting period
and are exercisable
on or before
the fifth anniversary
of the date
of the grant,
subject to certain
exercise conditions
aligned to the
Group's results
and performance.
- ENDS -
For further enquiries,
please contact:
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail....
4/3/2012
Grant of Share Options - London Stock Exchange
Page 2 of 2
Cathay International Holdings
Limited
Eric Siu (Finance
Director)
Patrick Sung (Director
and Controller)
Tel: +852 2828
9289
M:Communications
Mary-Jane Elliott /
Amber Bielecka /
Claire
Dickinson
Tel: +44 (0)20 7920
2330
About Cathay
Cathay International Holdings
Limited (CTI.L),
focused on the
People's Republic
of China
("PRC"), is
an investment holding
company and a
leading investor in
the growing healthcare
sector in China.
The Group employs
more than 2,000
people across the
PRC, including over
30 specialist
corporate and business
development staff
based at the
holding company's
headquarters in Hong
Kong and Shenzhen.
Cathay aims to
identify investment
opportunities with
emphasis on high
growth healthcare
markets and build
them into market
sector leaders, with
a clear exit
strategy. Cathay has
demonstrated a strong
track record of
identifying high-growth
potential investment
opportunities in this
area including: Lansen
Group, a leading
specialty pharmaceutical
company focused on
rheumatology and
Haotian Group, a
company engaged in
the manufacture,
marketing and sale
of key active
ingredients for
healthcare products,
including inositol. To
complement its
healthcare portfolio,
Cathay has an
R&D business focused
on bringing new
products to the
growing Chinese
market.
Cathay also has a
private equity
investment arm focused
on minority investment
opportunities and a
hotel investment.
This information is
provided by RNS
The company news
service from the
London Stock
Exchange
END
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4/3/2012
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| This press release was issued by Cathay International Holdings Ltd. and was initially posted at http://www.cathay-intl.com.hk/newsItem/view.action;jsessionid=2D4746EA1AB94433CE79D1A16D08FA40?from= notice&eid=rnfnaql2 . It was distributed, unedited and unaltered, by noodls on 2012-04-03 14:36:01 PM. The issuer is solely responsible for the accuracy of the information contained therein. |
