27.02.2013 Views

WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

29. SHARE CAPITAL cont’d<br />

(b) Employee share options scheme ("ESOS") cont’d<br />

<strong>WCT</strong> Berhad (66538-K)<br />

annual report 2011<br />

(viii) An ESOS offer may be made upon such terms and conditions as the Options Committee may decide from<br />

time <strong>to</strong> time. Each ESOS offer shall be made in writing and is personal <strong>to</strong> the Eligible Employee and cannot<br />

be assigned, transferred, encumbered or otherwise disposed off in any manner whatsoever.<br />

(ix) Subject <strong>to</strong> the ESOS By-Laws, an ESOS Option can be exercised by the Grantee, by notice in writing <strong>to</strong> the<br />

Company in the form prescribed by the Options Committee during the ESOS Option Period in respect of all<br />

or any parts of the new shares in the ESOS Option.<br />

The following table illustrates the number and weighted average exercise prices ("WAEP") of, and movements in,<br />

share options during the financial year:<br />

Outstanding<br />

at<br />

Number of Share Options<br />

Movement<br />

During the Year Outstanding at Exercisable at<br />

1 January Granted (Exercised) (Forfeited) 31 December 31 December<br />

2011 '000 '000 '000 '000 '000 '000<br />

Grant date<br />

Exercise<br />

Price (1)<br />

RM<br />

12 April 2002 1.04 534 - (476) - 57 57<br />

<strong>30</strong> June 2004 1.05 95 - (74) - 21 21<br />

13 June 2005 0.61 955 - (882) - 73 73<br />

6 March 2006 0.75 814 - (590) - 224 224<br />

6 March 2007 1.45 1,341 - (964) - 377 377<br />

11 June 2007 2.06 848 - (848) - - -<br />

17 March 2008 2.44 6,731 - (2,405) (144) 4,182 4,182<br />

5 March 2010 2.00 25,838 - (9,152) (1,153) 15,533 15,533<br />

10 March 2011 2.73 - 12,<strong>30</strong>5 (343) (1,199) 10,763 10,763<br />

37,156 12,<strong>30</strong>5 (15,734) (2,496) 31,2<strong>30</strong> 31,2<strong>30</strong><br />

WAEP (RM) 2.37 2.73 1.95 2.38 2.29 2.29<br />

151<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

31 December 2011<br />

cont’d

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!