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Download - Axiata Group Berhad - Investor Relations

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14. EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) (CONTINUED)(a)Performance-Based ESOS (continued)The amounts recognised in the financial statements as disclosed in Note 8(b) and 8(c) for all employees (includingDirectors) to the financial statements arising from the Performance-Based ESOS are summarised as below:<strong>Group</strong>Company2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000(a)Options over the Company’s shares granted toemployees under the Performance – Based ESOS 11,179 — 1,506 —11,179 — 1,506 —(b) 2008 Demerger Special ESOSOn 10 December 2007, the former holding company, TM, had announced that, in conjunction with the TMDemerger, an Employees’ Share Option Scheme (“Special ESOS”) for Eligible Employees and Executive Director(s)of the TM <strong>Group</strong> (other than subsidiaries that are dormant) (collectively referred to as “Eligible Employees”) wasestablished. This Special ESOS was subsequently approved by the shareholders at an EGM held on 6 March2008.Allocation and Exercise Price of Special ESOSOn 17 March 2008, TM issued 137,592,300 shares (“Special ESOS Shares”), representing 4.0% of the issued andpaid-up share capital of TM, to TM ESOS Management Sdn Bhd (“TEM”). The actual number of options over theseshares granted during the financial year up to 31 December 2008 is as follows:The <strong>Group</strong> Grant date Number of options granted (‘000)– initial allocation 31 March 2008* 23,473.0– additional allocation to non-executive employees 22 April 2008 134.0– additional allocation to promotees** 16 October 2008 0.6* This is the deemed grant date as most of the offer made on 17 March 2008 has been duly accepted by theEligible Employees.** These additional options were granted due to promotion during the financial year ended 31 December 2008.<strong>Axiata</strong> <strong>Group</strong> <strong>Berhad</strong> • 212

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