Annual Report 2019

102 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2019 Directors’ Report 董事會報告 Notes: (1) The fair value of the shares was calculated based on the closing price per share on the date of grant. (2) According to the Group’s internal policy, the shares which have been granted to the employees (to be promoted later) but not yet vested, will remain unvested during the promotion year and be carried forward to the next year after promotion. Save as disclosed above, at no time during the period was the Company or its subsidiaries a party to any arrangement to enable the Directors or any of their spouses or children under 18 years of age to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other corporation. PURCHASE, SALE OR REDEMPTION OF THE COMPANY’S SHARES The Company is empowered by the applicable Cayman Islands Companies Law and the Company’s Articles of the Association to repurchase its own shares subject to certain restrictions and the Board may only exercise this power on behalf of the Company subject to any applicable regulations imposed from time to time by the Hong Kong Stock Exchange. There was no purchase, sale, redemption or writing-off by the Company, with the exception of the trustees of the Restricted Share Award Scheme, of the Company’s listed shares during the year ended 31 December 2019. 附註： (1) 股份的公允值乃根據於授予日期每股股份的收 市價計算。 (2) 根據本集團的內部政策，已授予僱員（其後獲晉 升）但尚未歸屬的股份，將於晉升年度保持尚未 歸屬，並將結轉至其晉升後的下一年度。 除上文所披露者外，本公司或其附屬公司於期 內並無訂立任何安排，使董事或彼等各自的配 偶或未滿 18 歲的子女可透過收購本公司或任何 其他法團的股份或債券而獲取利益。 購買、出售或贖回本公司股份 根據適用的開曼群島公司法和本公司章程細 則，本公司可在若干限制下購回其本身股份， 惟董事會僅可代表本公司行使該項權力時，必 須符合香港聯交所不時實施的任何適用規定。 截至二零一九年十二月三十一日止年度，本公 司（限制性股份獎勵計劃受託人所購買除外） 概無購買、出售、贖回或撇銷本公司的上市股 份。