Interim Report 2019

42 Hop Fung Group Holdings Limited Interim Report 2019 DISCLOSURE OF INTERESTS (continued) 權益披露 （續） SHARE OPTIONS (continued) The number of shares in respect of which options may be granted to any individual in any 12-month period is not permitted to exceed 1% of the shares of the Company in issue at any point in time, without prior approval from the Company’s shareholders in accordance with the Scheme. Where any grant of options to a substantial shareholder or an independent non-executive Director or any of their respective associates would result in the shares in the Company issued and to be issued upon exercise of all options to such person in the 12-month period up to and including the date of grant in excess of 0.1% of the shares of the Company in issue and with a value (based on the closing price of the shares of the Company at the offer date of each offer) in excess of HK$5,000,000, such grant of options must be approved in advance by the Company’s shareholders in accordance with the Scheme. An option may be exercised at any time during the period to be determined and notified by the Directors to the grantee and in the absence of such determination, from the date of acceptance of an offer of the grant of such option to the earlier of the date on which such option lapses and ten years from the date of offer of that option. A consideration of HK$1 is payable upon acceptance of the offer. The exercise price is determined by the Directors of the Company, and will not be less than the higher of the nominal value of the share; the closing price of the Company’s shares on the date of offer; and the average closing price of the shares for the five business days immediately preceding the date of offer. 購股權 （續） 未經本公司股東根據該計劃事先批 准，向任何個人可能授出之購股權涉 及之股份數目，於任何十二個月期 間，均不得超過本公司於任何時間已 發行股份之 1% 。倘向一名主要股東 或獨立非執行董事或任何彼等各自之 聯繫人士授出任何購股權，會導致因 授予該人士之所有購股權獲行使而於 截至授出日期（包括當日）止十二個 月期間，已經及將予以發行之本公司 股份，合共佔本公司已發行股份超過 0.1% ，且價值（根據本公司股份於每 次授出購股權日期之收市價計算）超過 5,000,000 港元，則根據該計劃該項授 出購股權須事先得到本公司股東批准。 購股權可於董事釐定及知會承授人之 期間內隨時行使，倘未有釐定，則由 接納授出購股權日期起至該購股權失 效之日或授出該購股權日期起計十年 之較早日期。於接納購股權時須付 1 港 元代價。 行使價乃由本公司董事釐定，惟不得 低於股份面值、本公司股份於授出日 期之收市價及股份緊接授出日期前五 個營業日之平均收市價之較高者。