Creative 2009 Annual Report Download - page 48

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48
CREATIVE฀TECHNOLOGY฀LTD฀AND฀ITS฀SUBSIDIARIES
25. SHARE CAPITAL AND TREASURY SHARES (cont’d)
(b) Share options (cont’d)
Movements in the number of unissued ordinary shares under option and their exercise prices were as follows:
฀ ฀ Number฀of฀฀ Weighted฀average฀
฀ options฀ exercise฀price฀
฀(’000)฀ (US$)
฀
฀ Outstanding฀at฀30฀June฀2007฀ 7,817฀ 7.34
฀ Granted฀ 2,931฀ 4.70
฀ Exercised฀ (23)฀ 4.37
฀ Cancelled/Forfeited/Expired฀ (523)฀ 6.51
฀ Outstanding฀at฀30฀June฀2008฀ 10,202฀ 6.63
฀ Granted฀ 277฀ 2.64
฀ Exercised฀ (2)฀ 2.92
฀ Cancelled/Forfeited/Expired฀ (1,463)฀ 7.89
฀
฀ Outstanding฀at฀30฀June฀2009฀ 9,014฀ 6.31
฀ Exercisable฀at฀30฀June฀2009฀ 6,856฀ 6.81
Options exercised in the financial year ended 30 June 2009 resulted in 2,000 treasury shares (2008: 19,000) being re-issued at
the exercise price of US$2.92 (2008: US$4.50) each. The weighted average share price at the date of exercise was US$4.42
(2008: US$4.81) per share.
The options outstanding as at 30 June 2009 and 30 June 2008 were in the following exercise price ranges:
฀2009฀ 2008
฀ ฀ ฀ Weighted฀ ฀ Weighted฀
฀ ฀ average฀ ฀ average฀
฀ Number฀of฀ remaining฀ Number฀of฀ remaining฀
฀ shares฀ contractual฀ shares฀ contractual฀
Range฀of฀ outstanding฀ term฀ outstanding฀ term฀
Exercise฀Prices฀ (‘000)฀ (in฀years)฀ (‘000)฀ (in฀years)
฀ ฀ ฀ ฀
฀ US$1.00฀to฀US$2.99฀ ฀350฀฀ ฀7.81฀฀ ฀76฀฀ 2.50
฀ US$3.00฀to฀US$4.99฀ ฀3,869฀฀ ฀6.59฀฀ ฀4,268฀฀ ฀7.45
฀ US$5.00฀to฀US$6.99฀ ฀43฀฀ ฀2.47฀฀ ฀80฀฀ ฀3.57
฀ US$7.00฀to฀US$10.99฀ 4,752฀฀ 3.31฀฀ 5,774฀฀ ฀3.97฀
US$11.00฀to฀US$18.99฀ –฀฀฀฀ –฀฀฀ ฀4฀฀ ฀1.67฀
฀ ฀ 9,014฀฀ ฀4.89฀฀ ฀10,202฀฀ ฀5.41฀
NOTES TO THE FINANCIAL STATEMENTS
– For the financial year ended 30 June 2009
AR09 pg1-64_Final.indd 48 10/2/2009 10:38:10 AM