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60

Date of grant

Outstanding as at 1/1/2010

Grant during the year

Exercised during the year

Lapsed during the year

Outstanding as at 31/12/2010

Exercise period

17/03/2005(1)

898,000

(856,000 )

(42,000 )

18/03/2007- 17/03/2010

04/01/2007(1)

2,794,000

(14,000 )

(47,000 )

2,733,000

05/01/2009- 04/01/2012

08/01/2009(1)

2,900,000

(27,000 )

2,873,000

09/01/2011- 08/01/2014

04/03/2010(2)

2,742,000(3)

(39,000 )

2,703,000

05/03/2012- 04/03/2015

Total

6,592,000

2,742,000

(870,000 )

(155,000 )

8,309,000

Notes:

  • (1)

    Share options were granted under the 1999 Share Option Scheme.

  • (2)

    Share options were granted under the 2009 Share Option Scheme.

  • (3)

    During the year ended 31 December 2010, 1,170,000 and 1,572,000 share options were granted to the Directors and other employees of

the Company respectively.

  • (4)

    During the year ended 31 December 2010, no share options were cancelled.

  • (5)

    Consideration paid for each grant of share option was HK$1.00.

  • (6)

    The vesting period for the share options grant is 24 months from the date of grant.

Report of the Directors

22.80

9.34

22.35

During the year ended 31 December 2010, the details of the movements in the share options granted to the Companys employees (including Directors) under the 1999 Share Option Scheme and 2009 Share Option Scheme are as follows:

Number of Share Options

1.

Movements of the Share Options granted to Employees (including Directors)

Exercise price per

share (HK$)

18.21

Great Eagle Holdings Limited

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