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113<br />
31. SHARE OPTION SCHEMES (<strong>co</strong>ntinued)<br />
(a) Sh<strong>ar</strong>e Option Schemes ad<strong>op</strong>ted by the Company (<strong>co</strong>ntinued)<br />
2000 Option Scheme (<strong>co</strong>ntinued)<br />
Number of <strong>op</strong>tions<br />
Exercise Balance Granted Exercised Balance<br />
Category Date of price per Expiry as at during during as at<br />
of grantee grant sh<strong>ar</strong>e date 1.4.2005 the ye<strong>ar</strong> the ye<strong>ar</strong> 31.3.2006<br />
Directors 18.03.2002 HK$1.67 28.12.2010 4,154,000 – (2,536,000) 1,618,000<br />
18.01.2006 HK$3.75 28.12.2010 – 3,000,000 – 3,000,000<br />
Employees 18.03.2002 HK$1.67 28.12.2010 8,307,400 – (6,333,800) 1,973,600<br />
24.08.2005 HK$3.325 28.12.2010 – 1,000,000 – 1,000,000<br />
18.01.2006 HK$3.75 28.12.2010 – 6,100,000 – 6,100,000<br />
01.03.2006 HK$4.35 28.12.2010 – 1,000,000 – 1,000,000<br />
12,461,400 11,100,000 (8,869,800) 14,691,600<br />
Sh<strong>ar</strong>e <strong>op</strong>tions were exercised on 11 July 2006. The weighted average closing price of the Company’s sh<strong>ar</strong>e immediately before the date on which the sh<strong>ar</strong>e <strong>op</strong>tions<br />
were exercised during such period at HK$4.30.<br />
The <strong>op</strong>tions granted under the 2000 Option Scheme (except the 1 million <strong>op</strong>tions granted on 6 December 2006) vest as follows:<br />
On 1st annivers<strong>ar</strong>y of the date of grant 30% vest<br />
On 2nd annivers<strong>ar</strong>y of the date of grant Further 30% vest<br />
On 3rd annivers<strong>ar</strong>y of the date of grant Remaining 40% vest