SANDS CHINA LTD Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
金沙中國有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1928)This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the 'Listing Rules').
The board of directors (the 'Board') of Sands China Ltd. (the 'Company') announces that share options (the 'Share Options') to subscribe for shares of US$0.01 each in the capital of the Company (the 'Shares') were granted by the Company under its equity award plan adopted on November 8, 2009 to Mr. Wong Ying Wai, the President and Chief Operating Officer of the Company, subject to his acceptance, with details as follows:
Date of grant : November 2, 2015
Number of Shares in respect of which the Share Options were granted
: 4,000,000
Subscription price of Share Options granted
: HK$28.59
(The subscription price of HK$28.59 represents a price which is the higher of (i) the closing price of the Shares of HK$27.9 as stated in the daily quotation sheet of The Stock Exchange of Hong Kong Limited (the 'Stock Exchange') on November 2, 2015 (that is, the date of grant) and (ii) the average closing price of the Shares in the daily quotation sheets of the Stock Exchange for the five (5) trading days immediately preceding November 2, 2015 being HK$28.59)
Closing price of the Shares on the date of grant
: HK$27.9
Validity period of the Share Options
: Ten (10) years
Vesting dates of
the Share Options
: 266,666 of the Share Options granted will vest on November 2, 2016, 533,334 of the Share Options granted will vest on November 2, 2017, 800,000 of the Share Options granted will vest on November 2, 2018, 800,000 of the Share Options granted will vest on November 2, 2019, and 1,600,000 of the Share Options granted will vest on September 30, 2020
Pursuant to Rule 17.04(1) of the Listing Rules, the grant of the Share Options to Mr. Wong Ying Wai has been approved by the Independent Non-Executive Directors of the Company.
By order of the Board
SANDS CHINA LTD. Dylan James WilliamsCompany Secretary
Macao, November 2, 2015
As at the date of this announcement, the directors of the Company are:
Executive Directors: Sheldon Gary Adelson Toh Hup Hock
Non-Executive Directors: Robert Glen Goldstein Michael Alan Leven Charles Daniel Forman
Independent Non-Executive Directors:
Iain Ferguson Bruce Chiang Yun
David Muir Turnbull Victor Patrick Hoog Antink Steven Zygmunt Strasser
In case of any inconsistency between the English version and the Chinese version of this announcement, the English version shall prevail.
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