CITIC Limited Half-Year Report 2019

135 Half-Year Report 2019 CITIC Limited B. Others (Note 1) Number of share options Date of grant Exercise price per share Balance as at 01.01.2019 Granted during the six months ended 30.06.2019 Cancelled during the six months ended 30.06.2019 Lapsed during the six months ended 30.06.2019 Exercised during the six months ended 30.06.2019 Balance as at 30.06.2019 HK$ 30.04.2014 4.93 14,250,000 (Note 2) – – (14,250,000) – – Notes: (1) These are in respect of share options granted to former employees of Dah Chong Hong Group whose employment was terminated other than for cause or misconduct. (2) 700,000 share options were reclassified to the opening balance of “Others”, subsequent to certain employees of Dah Chong Hong Group having retired on 1 January 2019. As at 1 January 2019, options for 21,050,000 Dah Chong Hong’s shares were outstanding under the DCHH Scheme. During the six months ended 30 June 2019, 21,050,000 share options were lapsed and none of the share options under the DCHH Scheme were exercised and cancelled. CITIC Resources Holdings Limited (“CITIC Resources”) The share option scheme adopted by CITIC Resources on 30 June 2004 (the “Old Scheme”) for a term of 10 years expired on 29 June 2014. The share options granted under the Old Scheme have been lapsed. To enable CITIC Resources to continue to grant share options as an incentive or reward to eligible persons, a new share option scheme was adopted by CITIC Resources on 27 June 2014 (the “New Scheme”). No share option has been granted under the New Scheme during the six months ended 30 June 2019.