Singapore Airlines 2007 Annual Report Download - page 71

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Singapore Airlines 69 Annual Report 2006-07
REPORT BY THE BOARD OF DIRECTORS
5 Options on Shares in the Company (continued)
(ii) Restricted Share Plan (“RSP”) and Performance Share Plan (“PSP”) (continued)
The details of the shares awarded under the new share plans during the year since commencement of the RSP and
PSP are as follows:
Number of Restricted and Performance shares
––––––––––––––––––––––––––––––––––––––––––––––––––––––
Date of grant Balance at
Share Plans 27.7.2006 Cancelled 31.3.2007
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
RSP 260,630 (2,300) 258,330
PSP 140,900 – 140,900
––––––––––––––––––––––––––––––––––––––––––––––––––––––
401,530 (2,300) 399,230
––––––––––––––––––––––––––––––––––––––––––––––––––––––
The details of RSP and PSP granted to directors of the Company:
Aggregate
awards Aggregate
Conditional granted since awards
awards commencement not released
granted during of plans to end at end of
financial year of financial year financial year
Name of participant under review under review under review
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
RSP
Chew Choon Seng 30,000 30,000 30,000
PSP
Chew Choon Seng 27,000 27,000 27,000
The particulars of RSP and PSP in subsidiary companies are as follows:
(a) Singapore Airport Terminal Services Limited (“SATS”)
At the extraordinary general meeting of SATS held on 19 July 2005, the shareholders approved the adoption of
two new share plans, namely the SATS RSP and the SATS PSP, in addition to the SATS ESOP.
The basis upon which a share may be awarded is similar to that of the RSP and PSP implemented by the
Company.
The details of the shares awarded under the new share plans during the year since commencement of the
SATS RSP and SATS PSP are as follows:
Number of Restricted
and Performance shares
––––––––––––––––––––––––––––––––––––
Date of grant Balance at
Share Plans 2.10.2006 31.3.2007
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
SATS RSP 182,030 182,030
SATS PSP 84,360 84,360
––––––––––––––––––––––––––––––––––––
266,390 266,390
––––––––––––––––––––––––––––––––––––