2012 Annual Report - Media Prima Berhad

Media Prima Berhad
Notes to
the Financial Statements
for the financial year ended 31 December 2012
11 SHARE CAPITAL
Group and Company
Ordinary shares of RM1.00 each:
Note 2012 2011
RM’000 RM’000
Authorised
At 1 January/At 31 December 2,000,000 2,000,000
Issued and fully paid
At 1 January 1,068,151 1,006,696
Issuance of shares arising from:
– Exercise of warrants (a) 6,984 7,552
– Exercise of ESOS (b) 4,557 53,903
At 31 December 1,079,692 1,068,151
During the financial year, the Company increased its issued and fully paid share capital from RM1,068,151,131 to
RM1,079,691,548 by way of the issuance of:
(a)
(b)
6,984,498 (2011: 7,552,490) ordinary shares of RM1.00 each pursuant to the exercise of the Company’s warrants
at exercise price of RM1.80 per warrant. The premium arising from the exercise of warrants of RM6,635,273
(2011: RM7,174,866) has been credited to the Share Premium reserve.
4,555,919 (2011: 53,902,718) ordinary shares of RM1.00 each pursuant to the exercise of the Company’s
Employee Share Option Scheme (“ESOS”) at exercise prices of RM1.80, RM1.98 and RM2.10 (2011: RM1.80,
RM1.98 and RM2.10) per option. The premium arising from the exercise of ESOS of RM5,574,249 (2011:
RM65,774,033) has been credited to the Share Premium reserve.
The new ordinary shares issued during the financial year ranked pari passu in all respects with the existing ordinary
shares of the Company.
12 SHARE-BASED PAYMENTS
Employees’ Share Option Scheme (“ESOS”)
On 15 April 2010, the Company’s shareholders has approved an ESOS which became effective on 14 May 2010 for
a period of five (5) years, set to expire in 13 May 2015 (“2010 MPB ESOS”).
The main features of the 2010 MPB ESOS are:
(i)
(ii)
The total number of ordinary shares to be issued by the Company under the ESOS as approved by the
Securities Commission shall not exceed ten per centum (10%) of the total issued and paid-up share capital of
the Company at any one time during the existence of the ESOS.
The options granted may be exercised at any time within the option period whilst the Grantee is employed by
a corporation in the Group.
186
annual
report
2012