ESPRIT HOLDINGS LIMITED H o n g K o n g E x c h a n g e s a n d C l e a r i n g Li m i t e d a n d T h e S t o c k E x c h a n g e o f H o n g K o n g L i m i t e d t a k e n o r e s p o n s i b il i t y f o r t h e c o nt e n t s o f t hi s a n n o u n c e m e nt , m a k e n o r e p r e s e n t a t i o n a s t o i t s a c c u r a c y o r c om p l et e n e s s a n d e x p r e s sl y di s c l a i m a n y l i a bi l it y w h a t s o e v er f or a n y l o s s h o w s o e v e r a r i s i n g f r om or i n r e l i a n c e u p o n t h e w h o l e or a n y p a r t of t h e c o nt e n t s of t h i s a n n o u n c e m e n t .
ESPRIT HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 00330) GRANT OF SHARE OPTIONS
This a nnounc emen t is made p urs uant to rule 17.0 6 A of the Ru le s Gov erning th e
Lis ting of Sec urities o n Th e Stoc k Ex c hange of Ho ng Kong Li mi te d.
The Board o f D irec tors of the Company a nnou nc es that on 30 J une 20 14 , the Company granted 1 ,5 10,0 00 s hare op ti ons (the "Options ") to c ertai n in div idua ls under the C ompany 's s hare option s c heme adop ted on 10 D ec em ber 2009, s ub jec t to ac c eptanc e of th e indiv id ua ls (the "Grantees ").
Among the O ptions , 1,16 0, 000 s hare o ptions were gran ted to t he fo ll owin g
Direc tors of the Com pany :
Number of
N a m e o f D i r e c t or s P o s i t i o n S h a re O pt io nsRay mo nd Or Ch ing- Fa i Cha ir man and Ind ependen t
Non-e xecu ti ve D ire c tor
45 0,00 0
Pau l Cheng M ing- Fun Depu ty Cha ir man and Inde penden t
Non-e xecu ti ve D ire c tor
280 ,00 0
Jürgen Al fr ed Rud o lf Fr iedr ich Non-e xecu ti ve D ire c tor 11 0 ,00 0
Ale xan der Re id Ham i lton In depe nden t Non-e xe cu ti ve
Di rector
Norber t Ad o lf Pl a tt In depe nden t Non-e xe cu ti ve
Di rector
Car me lo Lee Ka Sze In depe nden t Non-e xe cu ti ve
Di rector
11 0 ,00 0
11 0 ,00 0
10 0 ,00 0
The O ptions s ha ll entitle th e Gran te es to s ubs c ribe for a to ta l of 1 ,5 10, 000 ne w s hares of H K$ 0.10 ea c h (the " Sh ares ") in the c ap ital of the Co mpany . A s umm ary of s uc h gra nt is s et out b el ow:
Date o f grant : 30 J une 2014
Ex erc is e pric e o f O ptions grant ed : HK$11 .00
Number o f O pt ions granted : 1,51 0,000
Closing price of the Shares on the date of grant : HK$11 .00
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Va l id ity p eriod of the Opti ons : The opt io n p eriod of the Op tions s hall be ten y ears fro m the d ate of grant and th e Op tion s s hall laps e at the ex p iry of the o pt ion peri od.
For 1,1 60,000 s hare optio ns granted to th e Direc to rs , th ey s hall v es t on th e firs t ann iv ers ary date of the d ate o f grant.
For th e re ma ining 3 50,0 00 s hare options , 60%, 20% and 2 0% of the m s hall v es t on the third , fourth and fifth an niv ers ary dates o f the date o f grant res pec tiv ely .
By Order o f the Board Fl or ence N g Wai Y in Company Sec retary
Hong Kong, 1 J uly 2014
As a t the da te of this annou nc ement, th e Board c ompris es (i) Mr J os e Manuel Martínez G ut iérrez (Group Ch ie f Ex ec utiv e Off ic er) and Mr Thomas Tan g W ing Yu ng (Group Chie f Fi nanc ia l Offic er) as Exec utiv e Direc tors ; (ii) Mr J ürgen Al fred Rudolf Frie dric h as Non-ex ec utiv e D irec tor; an d (iii) Mr Ray mon d Or C hing Fa i (Chairma n), Mr Paul Cheng Ming Fun (Deputy Cha irman), Mrs Ev a Cheng L i Ka m Fun, Mr Alex ander R eid Ha mi lto n, Mr Carme lo L ee Ka Sz e and Mr N orbert Ado lf Platt as Inde pen dent Non-ex ec utiv e Direc to rs .
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