Shenzhen International Holdings Limited : Grant of Share Options
01/18/2013| 05:41am US/Eastern
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.
(Incorporated in Bermuda with limited liability)
(Stock Code: 00152)
GRANT OF SHARE OPTIONS
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 Shenzhen International Holdings Limited (the "Company") hereby announces that on 18 January 2013, 19,810,000 share options (the "Share Options") to subscribe for up to a total of 19,810,000 ordinary shares of HK$0.10 each (the "Shares") of the Company were granted to certain individuals (the "Grantees") under the share option scheme of the Company. Details of the Share Options are as follows:
Date of grant: 18 January 2013 (the "Date of Grant")
Exercise price of Share Options granted:
HK$0.91 per Share
Number of Share Options granted: 19,810,000 (each Share Option shall entitle the holder thereof to subscribe for one Share)
Closing price of the Shares on the
Date of Grant:
HK$0.91 per Share
Validity period of the Share
18 January 2013 to 27 September 2015
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Vesting date of the Share Options: the Share Options granted will be vested on 28
Name of Director Position(s) held with the
Number of Share
September 2014. Vesting of the Share Options is subject to the individual performance of the respective Grantees and the achievement of certain performance targets of the Group.
Among the Share Options granted above, 11,810,000 Share Options were granted to the directors of the Company (the "Directors"), details of which are as follows:
Mr. Gao Lei Executive Director and Chairman 6,560,000
Shenzhen International Holdings Limited
Mr. Li Lu Ning Executive Director 5,250,000
The grant of Share Options to the above Directors has been approved by the independent non-executive Directors.
Save as disclosed herein, the Grantees are neither director, chief executive nor substantial shareholder of the Company nor associate (as defined under the Listing Rules) of any of them.
By Order of the Board
Hong Kong, 18 January 2013
As at the date of this announcement, the Board consists of Messrs. Gao Lei, Li Jing Qi, Li Lu Ning, Liu Jun and Yang Hai as executive directors, Professor Wong Yuk Shan, BBS, JP as non-executive director and Messrs. Leung Ming Yuen, Simon, Ding Xun and Nip Yun Wing as independent non-executive directors.
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