Microsoft Word - Announcemnt_grant of share options_eng_15 June 2015

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.

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 SJM Holdings Limited (the "Company") announces that on 15 June 2015, the Company has granted share options ("Options") to certain participants as defined in the share option scheme adopted by the Company on 13 May 2009 (the "Option Scheme"), which, subject to their acceptances, entitle them to subscribe for a total of 126,725,000 ordinary shares of the Company (the "Shares") under the Option Scheme.
The following are the details of the grant of Options: Date of grant : 15 June 2015
Exercise price of the Options granted
: HK$9.826 per Share
Number of Options granted : 126,725,000
Closing price of the Shares on the date of grant
: HK$9.82 per Share
Validity period of the Options : 15 December 2015 to 14 December 2024

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Vesting period of the Options : 42,288,000 Options (approximately 33.37%) will be vested on 6 months from the grant date
42,288,000 Options (approximately 33.37%) will be vested on 1 y ear and 6 months from the grant date
42,149,000 Options (approximately 33.26%) will be
vested on 2 years and 6 months from the grant date
Among the Options granted above, Options in respect of a total of 116,120,000 Shares were granted to the directors of the Company, or an associate (as defined in the Listing Rules) of any of them, as follows:

Name of Director

Position

Number of Options

Ho Hung Sun, Stanley

Chairman and Executive Director

5,000,000

Cheng Kar Shun

Non-executive Director

3,000,000

Chau Tak Hay

Independent Non-executive Director

500,000

Lan Hong Tsung, David

Independent Non-executive Director

500,000

Shek Lai Him, Abraham

Independent Non-executive Director

500,000

Tse Hau Yin

Independent Non-executive Director

500,000

So Shu Fai

Executive Director and

35,000,000

Ng Chi Sing
Rui José da Cunha
Fok Tsun Ting, Timothy
Chief Executive Officer
Executive Director and
Chief Operating Officer Executive Director Executive Director
32,000,000
3,000,000
3,000,000
Leong On Kei, Angela Executive Director 30,000,000
Shum Hong Kuen, David Executive Director 3,000,000

Total: 116,000,000

Name of Directors' Associates

Number

of Options

Fung Ho Yuen Hung, Nanette

60,000

Huen Wai Kei

60,000

Total:

120,000



By order of the Board

SJM Holdings Limited So Shu Fai

Executive Director and Chief Executive Officer

Hong Kong, 15 June 2015

As at the date of this announcement, the executive directors of the Company are Dr. Ho Hung Sun, Stanley, Dr. So Shu Fai, Mr. Ng Chi Sing, Dr. Rui José da Cunha, Mr. Fok Tsun Ting, Timothy, Deputada Leong On Kei, Angela and Mr. Shum Hong Kuen, David, the non-executive director of the Company is Dr. Cheng Kar Shun, and the independent non-executive directors of the Company are Mr. Chau Tak Hay, Dr. Lan Hong Tsung, David, Hon. Shek Lai Him, Abraham and Mr. Tse Hau Yin.

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