CITIC Limited Half-Year Report 2020
131 Half-Year Report 2020 CITIC Limited Particulars of the outstanding share options granted under the CITIC Telecom Share Option Plan and their movements during the six months ended 30 June 2020 are as follows: Date of grant Number of share options Exercise price per share Exercise period HK$ 24.03.2015 24.03.2015 43,756,250 43,756,250 2.612 2.612 24.03.2016 – 23.03.2021 24.03.2017 – 23.03.2022 24.03.2017 24.03.2017 45,339,500 45,339,500 2.45 2.45 24.03.2018 – 23.03.2023 24.03.2019 – 23.03.2024 The grantees were directors, officers or employees of CITIC Telecom. None of these options were granted to the directors, chief executives or substantial shareholders of CITIC Limited. The above outstanding options granted and accepted under the CITIC Telecom Share Option Plan can be exercised in whole or in part within 5 years from the date of commencement of the exercise period. No options were granted nor cancelled during the six months ended 30 June 2020. As at 1 January 2020, options for 64,883,817 CITIC Telecom Shares were outstanding under the CITIC Telecom Share Option Plan. During the six months ended 30 June 2020, options for 4,880,000 CITIC Telecom Shares were exercised, options for 482,500 CITIC Telecom Shares have lapsed but no option has been cancelled. As at 30 June 2020, options for 59,521,317 CITIC Telecom Shares under the CITIC Telecom Share Option Plan were exercisable.
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