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122
SapuraCrest Petroleum Berhad
Annual Report 2010
noteS to the FinAnCiAl StAtementS
31 January 2010
25. emPloyee BeneFitS (Cont’D)
employee Share options Scheme (“eSoS”) (cont’d)
(vi) The number of new ordinary shares in the Company allocated to any individual eligible employee who, either singly or
collectively through his associates, holds 20% or more in the issued and paid up share capital of the Company shall not exceed
10% of the total new ordinary shares available under the scheme.
(vii) An option granted under the ESOS shall be capable of being exercised by the grantee by notice in writing to the Company during
the duration of the option period. The duration of the option period will be decided by the Option Committee at its discretion,
but shall not extend beyond the duration of the scheme.
(viii) All new ordinary shares issued upon exercise of the options granted under the ESOS will rank pari passu in all respects with the
existing ordinary shares of the Company other than as may be specified in a resolution approving the distribution of dividends
prior to their exercise dates.
The movement in the share options during the year:
number of Share options
grant expiry exercise outstanding movement during the year outstanding exercisable
Date Date Price at 1.2.2009 granted exercised lapsed at 31.1.2010 at 31.1.2010
Rm ‘000 ‘000 ‘000 ‘000 ‘000 ‘000
2010
2.4.2007 12.9.2009 0.75 2,255 — (2,125) (130) — —
27.12.2005 12.9.2009 0.54 2,213 — (2,197) (16) — —
8.11.2004 12.9.2009 1.12 3,819 — (3,437) (382) — —
8,287 — (7,759) (528) — —
number of Share options
grant expiry exercise outstanding movement during the year outstanding exercisable
Date Date Price at 1.2.2008 granted exercised lapsed at 31.1.2009 at 31.1.2009
Rm ‘000 ‘000 ‘000 ‘000 ‘000 ‘000
2009
2.4.2007 12.9.2009 0.75 3,428 — (1,150) (23) 2,255 2,255
27.12.2005 12.9.2009 0.54 2,892 — (670) (9) 2,213 2,213
8.11.2004 12.9.2009 1.12 4,582 — (653) (110) 3,819 3,819
10,902 — (2,473) (142) 8,287 8,287