2012 Annual Report - Media Prima Berhad

Media Prima Berhad
Notes to
the Financial Statements
for the financial year ended 31 December 2012
12 SHARE-BASED PAYMENTS (CONTINUED)
The fair value of the ESOS granted in which MFRS 2 were applied, were determined using the Trinomial Valuation
model. The significant inputs in the model were as follows:
2010 MPB 2010 MPB 2010 MPB
Options Options Options
31 May 2010 18 November 2010 16 December 2010
Fair value per option (RM) 0.41 0.51 0.64
Exercise price 1.80 1.98 2.10
Option life (number of days to expiry
from date of issuance) 1,808 days 1,637 days 1,609 days
Weighted average share price at grant date 2.07 2.33 2.60
Expected dividend yield 5.77% 5.77% 5.77%
Risk free interest rates (Yield of Malaysian
Government Securities) 3.11% 3.11% 3.04%
Expected volatility 24.54% 22.35% 22.14%
MPB share historical volatility period:
From 60 days to 9 July 2010 May 2010 May 2010
To December 2010 December 2010
13 SHARE PREMIUM
Group and Company
Note 2012 2011
RM’000
RM’000
At 1 January 372,953 300,004
Arising from:
– Exercise of warrants 11(a) 6,635 7,175
– Exercise of ESOS 11(b) 5,574 65,774
At 31 December 385,162 372,953
188
annual
report
2012