Vtech 2013 Annual Report Download - page 43

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VTech Holdings Ltd Annual Report 2013
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 2012 as at 31 March 2013
Allan WONG Chi Yun 9 April 2010 HK$85.35 12 April 2012 to 11 April 2014 512,000 –
(Note 1)
PANG King Fai 17 April 2008 HK$41.07 23 April 2010 to 22 April 2012 113,000 –
(Note 2)
17 April 2008 HK$41.07 23 April 2011 to 22 April 2013 248,000 128,000
(Note 3)
9 April 2010 HK$85.35 13 April 2012 to 12 April 2014 256,000 256,000
Andy LEUNG Hon Kwong 9 April 2010 HK$85.35 13 April 2012 to 12 April 2014 128,000 128,000
Notes:
(1) The weighted average closing price per share of the Company immediately before the date on which options were exercised was HK$92.35.
(2) The weighted average closing price per share of the Company immediately before the date on which options were exercised was HK$94.90.
(3) The weighted average closing price per share of the Company immediately before the date on which options were exercised was HK$95.50.
Save as disclosed above, as at 31 March 2013, 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 required to be recorded in the register 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 2013, 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 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
Long Positions
Credit Suisse Trust Limited Interest of controlled corporation (Note 1) 74,101,153 29.60%
Surplus Assets Limited Interest of controlled corporation (Note 1) 74,101,153 29.60%
Honorex Limited Interest of controlled corporation (Note 1) 65,496,225 26.16%
Beneficial owner (Note 1) 1,416,325 0.57%
Conquer Rex Limited Beneficial owner (Note 1) 65,496,225 26.16%
Templeton Asset Management Limited Investment manager 37,538,400 14.99%
JPMorgan Chase & Co. Beneficial owner (Note 2) 1,176,319 0.47%
Investment manager (Note 2) 4,183,400 1.67%
Custodian corporation/approved lending agent (Note 2) 10,937,755 4.37%
Short Positions
JPMorgan Chase & Co. Beneficial owner (Note 2) 1,074,011 0.43%
Lending Pool
JPMorgan Chase & Co. Custodian corporation/approved lending agent (Note 2) 10,937,755 4.37%
Notes:
(1) The shares were beneficially 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) The capacities of JPMorgan Chase & Co. in holding the 16,297,474 shares (long position) and 1,074,011 shares (short position) were as to (i) 1,176,319 shares (long
position) and 1,074,011 shares (short position) as beneficial owner, (ii) 4,183,400 shares (long position) as investment manager and (iii) 10,937,755 shares (long
position) in the lending pool as custodian. The interest of JPMorgan & Co. was attributable on account through a number of entitles directly or indirectly
controlled by JPMorgan Chase & Co.
Save as disclosed above, as at 31 March 2013, 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 Company under Section
336 of the SFO.