HALF-YEAR REPORT 2016
Statutory Disclosure
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CITIC Envirotech Ltd. (“CITIC Envirotech”)
CITIC Envirotech is a company incorporated in Singapore and whose shares are listed on the main board of the
Singapore Exchange. It adopted the Employee Share Option Scheme (the “Scheme”) on 2 February 2010.
Since the adoption of the Scheme, CITIC Envirotech has granted the following share options:
Date of grant
Number of
share options
Exercise price
per share
Exercise period
S$
01.03.2010
4,375,000
0.2780
01.03.2011 – 01.03.2020
01.03.2010
4,375,000
0.2224
01.03.2012 – 01.03.2020
20.07.2010
1,500,000
0.3830
20.07.2011 – 20.07.2020
20.07.2010
1,500,000
0.3064
20.07.2012 – 20.07.2020
15.02.2013
49,950,000
0.552
15.02.2015 – 15.02.2023
15.02.2013
49,950,000
0.552
15.02.2015 – 15.02.2023
28.03.2013
12,000,000
0.584
28.03.2015 – 28.03.2023
25.07.2014
6,000,000
1.135
25.07.2016 – 25.07.2024
Under the Scheme, the ordinary shares of CITIC Envirotech under option may be exercised in full or a multiple
thereof, on the payment of the exercise price.
The grantees were certain directors and employees of CITIC Envirotech. None were granted to the directors, chief
executives or substantial shareholders of the Company. As at 1 January 2016, 53,875,500 ordinary shares of CITIC
Envirotech under option were outstanding. None of the ordinary shares of CITIC Envirotech under option were
exercised, lapsed or cancelled during the six months ended 30 June 2016.
No options were granted during the period. As at 30 June 2016, 53,875,500 ordinary shares of CITIC Envirotech
under option were exercisable.
A summary of the share options under the Scheme during the six months ended 30 June 2016 is as follows:
A. Directors of CITIC Envirotech
Number of share options
Date of grant
Balance
as at
01.01.2016
Granted
during the
six months
ended
30.06.2016
Cancelled
during the
six months
ended
30.06.2016
Lapsed
during the
six months
ended
30.06.2016
Exercised
during the
six months
ended
30.06.2016
Balance
as at
30.06.2016
01.03.2010
1,500,000
–
–
–
–
1,500,000
01.03.2010
1,500,000
–
–
–
–
1,500,000
28.03.2013
12,000,000
–
–
–
– 12,000,000