Vtech 2014 Annual Report Download - page 39

37VTech Holdings Limited Annual Report 2014
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 2013
as at
31 March 2014
PANG King Fai 17 April 2008 HK$41.07 23 April 2011 to 22 April 2013 128,000 –
(Note 1)
9 April 2010 HK$85.35 13 April 2012 to 12 April 2014 256,000 210,000
(Note 2)
Andy LEUNG Hon Kwong 9 April 2010 HK$85.35 13 April 2012 to 12 April 2014 128,000 –
(Note 2)
Notes:
(1) The weighted average closing price per share of the Company immediately before the date on which options were exercised was HK$106.50.
(2) The weighted average closing price per share of the Company immediately before the date on which options were exercised was HK$116.90.
Save as disclosed above, as at 31 March 2014, 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 2014, other than the interests of the Directors and chief executives of the Company 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 pursuant to 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 29.54%
Surplus Assets Limited Interest of controlled corporation (Note 1) 74,101,153 29.54%
Honorex Limited Interest of controlled corporation (Note 1) 65,496,225 26.11%
Beneficial owner (Note 1) 1,416,325 0.56%
Conquer Rex Limited Beneficial owner (Note 1) 65,496,225 26.11%
Templeton Asset Management Limited Investment manager 35,046,900 13.97%
The Capital Group Companies, Inc. Interest of controlled corporation 15,922,940 6.35%
Pyrford International Limited Investment manager 12,584,861 5.02%
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 Assests. 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.
Save as disclosed above, as at 31 March 2014, 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 pursuant
to Section 336 of the SFO.