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.
SANDS CHINA LTD.金沙中國有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1928) GRANT OF SHARE OPTIONSThis 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 (as amended on February 19, 2016) to certain eligible employees (the "Grantees"), subject to acceptance by the Grantees, with details as follows:
Date of grant : May 20, 2016
Number of Shares in respect of which the Share Options were granted
: 317,600
Subscription price of Share Options granted
: HK$27.55
(The subscription price of HK$27.55 represents a price which is the higher of (i) the closing price of the Shares of HK$27.55 as stated in the daily quotation sheet of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on May 20, 2016 (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 May 20, 2016 being HK$27.33)
Closing price of the Shares on the date of grant
: HK$27.55
Validity period of the Share Options
: Ten (10) years
Vesting dates of
the Share Options
: 25% of the Share Options granted will vest on each of May 20, 2017, May 20, 2018, May 20, 2019 and May 20, 2020
None of the Grantees are the directors, chief executives or substantial shareholders of the Company, nor an associate (as defined under the Listing Rules) of any of them.
By order of the Board
SANDS CHINA LTD. Dylan James WilliamsCompany Secretary
Macao, May 20, 2016
As at the date of this announcement, the directors of the Company are:
Executive Directors: Sheldon Gary Adelson Wong Ying Wai
Non-Executive Directors: Robert Glen Goldstein Charles Daniel Forman
Independent Non-Executive Directors:
Chiang Yun
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.
Sands China Ltd. published this content on 20 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 May 2016 10:07:06 UTC.
Original documenthttp://media.corporate-ir.net/media_files/IROL/23/233498/2016/180242 Eng_AP_1717.pdf
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