Vision - Alibaba

62 Annual Report 2007
DIRECTORS’ INTERESTS IN CONTRACTS OF SIGNIFICANCE
Details of transactions during the year between us and other companies in which our directors had benefi cial
interest are set out in note 33 to the consolidated fi nancial statements on pages 148 to 153 of this Annual Report.
Save as disclosed above, no contracts of signifi cance in relation to our business which we, our holding company
or any of our subsidiaries or fellow subsidiaries of our holding company was a party to and in which any of our
directors had a material interest, whether directly or indirectly, subsisted at the end of the year or at any time
during the year.
SUBSTANTIAL SHAREHOLDERS’ AND OTHER PERSONS’ INTERESTS AND SHORT
POSITIONS IN SHARES AND UNDERLYING SHARES
As of December 31, 2007, the following are the persons, other than the directors or chief executives of our
Company, who had interests or short positions in the Shares and underlying Shares as recorded in the register of
interests required to be kept by our Company pursuant to Section 336 of Part XV of the SFO:
Name Capacity
Long position/short
position
No. and description
of Shares or debentures
Approximate
percentage of
the Company’s issued
share capital
Alibaba Group Benefi cial owner Long position 4,079,377,500 Shares (Note a) 80.74%
Benefi cial owner Short position 515,825,340 Shares (Note b) 10.21%
Yahoo! Inc. Benefi cial owner Long position 4,136,858,500 Shares (Note c) 81.88%
Benefi cial owner Short position 515,825,340 Shares (Note b) 10.21%
Notes:
a. Included 515,825,340 Shares held by Alibaba Group which will be transferred to employees pursuant to the Employee Equity Exchange
and the Pre-IPO Share Incentive Scheme.
b. Representing Shares subject to the Employee Equity Exchange and the Pre-IPO Share Incentive Scheme.
c. Included 4,079,377,500 Shares benefi cially owned by Alibaba Group. As Yahoo! Inc., directly or indirectly through its wholly-owned
subsidiaries, owned more than one-third of the shares in Alibaba Group, it was deemed under the SFO to be interested in all the Shares
registered in the name of Alibaba Group.
Save as disclosed above, as of December 31, 2007, no person, other than our directors, whose interests are set
out in the section “Directors’ and Chief Executives’ Interests and Short Positions in Shares, Underlying Shares
and Debentures” above, had registered an interest or short positions in the Shares or underlying Shares that were
required to be recorded pursuant to Section 336 of Part XV of the SFO.
SUFFICIENCY OF PUBLIC FLOAT
Based on information that is publicly available to our Company and within the knowledge of our directors, our
Company has maintained the amount of public fl oat as approved by the Stock Exchange and as permitted under
the Listing Rules as at the date of this Annual Report.