Vtech 2009 Annual Report Download - page 32

30 VTech Holdings Ltd Annual Report 2009
REPORT OF THE DIRECTORS
DIRECTORS’ INTERESTS AND SHORT POSITIONS IN SHARES, UNDERLYING SHARES AND
DEBENTURES
As at 31st March 2009, the interests and short positions of the directors and chief executive of the Company in the shares,
underlying shares and debentures of the Company or any of its associated corporations (within the meaning of Part XV of
the Securities and Futures Ordinance (the “SFO”)) as recorded in the register maintained by the Company pursuant to
Section 352 of the SFO or notified to the Company and the Hong Kong Stock Exchange pursuant to the Model Code for
Securities Transactions by Directors of Listed Issuers (the “Model Code”) set out in Appendix 10 to the Listing Rules as
adopted by the Company, were as follows:
(1) Interests in the Company
Name of director Number of shares
Equity derivatives
(share options) Total
Approximate
percentage of
shareholding
Personal interest Family interest Other interest
Allan WONG Chi Yun 17,654,393 3,968,683 74,101,153 1,488,000 97,212,229 39.5%
(Note 1)
PANG King Fai –––794,000 794,000 0.3%
Andy LEUNG Hon Kwong 500 – – 372,000 372,500 0.2%
William FUNG Kwok Lun 449,430 –592,200 –1,041,630 0.4%
(Note 2)
Michael TIEN Puk Sun –211,500 211,500 –423,000 0.2%
(Note 3) (Note 3)
Notes:
(1) The shares were held as to 1,416,325 directly by Honorex Limited (“Honorex”), as to 65,496,225 directly by Conquer Rex Limited (“Conquer
Rex”) and as to 7,188,603 directly by Twin Success Pacific Limited (“Twin Success”). Conquer Rex was a wholly owned subsidiary of Honorex.
Each of Conquer Rex, Honorex and Twin Success was a wholly owned subsidiary of Trustcorp Limited as the trustee of The Wong Chung Man
1984 Trust, a discretionary trust of which Dr. Allan WONG Chi Yun, a director of the Company, was the founder. Trustcorp Limited 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.
(2) The shares were registered in the name of Golden Step Limited which was beneficially owned by Dr. William FUNG Kwok Lun.
(3) The shares were registered in the name of Romsley International Limited which was jointly owned by Mr. Michael TIEN Puk Sun and his spouse.
(4) All the interests stated above represent long position.
(2) Share Options of the Company
Number of share options held
Name of director Date of grant Exercise price Exercisable period
as at
1st April 2008
as at
31st March 2009
Allan WONG Chi Yun 12th August 2005 HK$19.30 26th August 2008 to
25th August 2010
2,000,000 –
(Note 1)
17th April 2008 HK$41.07 24th April 2009 to
23rd April 2011
–496,000
(Note 2)
17th April 2008 HK$41.07 24th April 2010 to
23rd April 2012
–496,000
(Note 2)
17th April 2008 HK$41.07 24th April 2011 to
23rd April 2013
–496,000
(Note 2)
PANG King Fai 8th April 2005 HK$11.41 8th April 2008 to
7th April 2010
50,000 50,000
17th April 2008 HK$41.07 23rd April 2009 to
22nd April 2011
–248,000
(Note 2)
17th April 2008 HK$41.07 23rd April 2010 to
22nd April 2012
–248,000
(Note 2)
17th April 2008 HK$41.07 23rd April 2011 to
22nd April 2013
–248,000
(Note 2)
Andy LEUNG Hon Kwong 17th April 2008 HK$41.07 25th April 2009 to
24th April 2011
–124,000
(Note 2)
17th April 2008 HK$41.07 25th April 2010 to
24th April 2012
–124,000
(Note 2)
17th April 2008 HK$41.07 25th April 2011 to
24th April 2013
–124,000
(Note 2)
Notes:
(1) The weighted average closing price per share immediately before the date on which options were exercised was HK$47.00.
(2) The closing price per share immediately before the date on which the options were granted was HK$39.50.
Save as disclosed above, as at 31st March 2009, none of the directors and chief executive of the Company had any interest or
short position in 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 required to be recorded in the register kept by the Company pursuant to
Section 352 of the SFO or notified to the Company and the Hong Kong Stock Exchange pursuant to the Model Code.