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COMPUTIME GROUP LIMITED
金 寶 通 集 團 有 限 公 司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 320)
GRANT OF SHARE OPTIONS
This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The board of directors (the "Board") of Computime Group Limited (the "Company") announces that the Company has granted 8,000,000 share options ("Share Option(s)") to Dr. OWYANG King ("Dr. OWYANG"), an executive director and the chief executive officer of the Company, under the share option scheme of the Company adopted on 14 September 2016, to subscribe for a total of 8,000,000 ordinary shares of HK$0.1 each of the Company, subject to Dr. OWYANG's acceptance of the Share Options. Details of the Share Options are set out below:
Date of grant | : | 27 November 2019 |
Number of Share Options granted | : | 8,000,000 (each Share Option shall entitle the holder |
thereof to subscribe for one share of the Company) | ||
Exercise price of Share Options | : | HK$0.65 per share |
Closing market price of the | : | HK$0.65 per share |
Company's shares on | ||
the date of grant of | ||
Share Options |
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Validity period of the Share | : | The exercise period of the Share Options is as | |
Options | follows: | ||
(i) | 4,000,000 Share Options shall be exercisable | ||
for a period of 9 years commencing on 1 July | |||
2020; and | |||
(ii) | 4,000,000 Share Options shall be exercisable | ||
for a period of 8 years commencing on 1 July | |||
2021. |
The Share Options granted to the above director has been approved by all the independent non-executive directors of the Company.
By Order of the Board
Computime Group Limited
Auyang Ho
Chairman
Hong Kong, 27 November 2019
As at the date of this announcement, the directors of the Company are:
Executive Directors:
Mr. AUYANG Ho (Chairman)
Dr. OWYANG King (Chief Executive Officer)
Non-executive Directors:
Mr. KAM Chi Chiu, Anthony
Mr. Arvind Amratlal PATEL
Mr. WONG Chun Kong
Mr. AU Hing Lun, Dennis
Independent Non-executive Directors:
Mr. LUK Koon Hoo
Mr. Patrick Thomas SIEWERT
Mr. CHEUNG Ching Leung, David
- For identification purposes only
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