Vtech 2015 Annual Report Download - page 44

VTech Holdings Limited Annual Report 2015
Report of the Directors
42
Directors’ Interests and Short Positions in Shares, Underlying Shares and Debentures (Continued)
(2) Share Options of the Company
Number of share options held
Name of Director Date of grant
Exercise
price Exercisable period
as at
1 April 2014
as at
31 March 2015
PANG King Fai 9 April 2010 HK$85.35 13 April 2012 to 12 April 2014 210,000 –
(Note)
Note: The weighted average closing price per share of the Company immediately before the date on which the options were exercised was HK$105.00.
Save as disclosed above, as at 31 March 2015, none of the Directors and chief executives of the Company had any interest or short
positions in the shares, underlying shares and debentures of the Company or any of its associated corporations (within the meaning
of Part XV of the SFO) which were recorded in the register required to be kept by the Company pursuant to Section 352 of the SFO or
otherwise notified to the Company and the Stock Exchange pursuant to the Model Code.
Substantial Shareholdings
As at 31 March 2015, other than the interests of the Directors and chief executives of the Company as disclosed above, shareholders
who had interests or short positions in the shares or underlying shares of the Company of 5% or more which fell to be disclosed to the
Company under Part XV of the SFO or which were recorded in the register required to be kept by the Company under Section 336 of the
SFO, were as follows:
Name of shareholder Capacity
Number of
shares held
Approximate
percentage of
shareholding
Credit Suisse Trust Limited Interest of controlled corporation (Note 1) 74,101,153 29.50%
Surplus Assets Limited Interest of controlled corporation (Note 1) 74,101,153 29.50%
Honorex Limited Interest of controlled corporation (Note 1) 65,496,225 26.08%
Beneficial owner (Note 1) 1,416,325 0.56%
Conquer Rex Limited Beneficial owner (Note 1) 65,496,225 26.08%
Templeton Asset Management Limited Investment manager 35,046,900 13.95%
The Capital Group Companies, Inc. Interest of controlled corporation 23,909,936 9.52%
Pyrford International Limited Investment manager 13,613,095 5.42%
Notes:
(1) The shares were benecially owned as to 1,416,325 shares by Honorex, as to 65,496,225 shares by Conquer Rex and as to 7,188,603 shares by Twin Success. Conquer Rex was wholly
owned by Honorex. Each of Conquer Rex, Honorex and Twin Success was wholly owned by Surplus Assets. Surplus Assets was wholly owned by Credit Suisse Trust Limited as the trustee
of The Allan Wong 2011 Trust, a discretionary trust of which Dr. Allan WONG Chi Yun, a Director, was the founder. Surplus Assets was therefore deemed to have an aggregate indirect
interest in 74,101,153 shares. Honorex was also deemed to have an indirect interest in the 65,496,225 shares. Surplus Assets was wholly owned by Credit Suisse Trust Limited which was
deemed to be interested in such shares by virtue of the SFO. Dr. Allan WONG Chi Yun’s founder interests in the 74,101,153 shares of the Company has also been disclosed under the section
headed “Directors’ Interests and Short Positions in Shares, Underlying Shares and Debentures” in this Annual Report.
(2) All the interests stated above represented long positions.
(3) The approximate percentage of shareholding is calculated based on 251,182,133 shares of the Company in issue as at 31 March 2015.
Save as disclosed above, as at 31 March 2015, the Company had not been notified by any person (other than the Directors and chief
executives of the Company) who had interests or short positions in the shares and underlying shares of the Company which fell to be
disclosed to the Company under Part XV of the SFO or which were recorded in the register required to be kept by the Company under
Section 336 of the SFO.