Page 86 - S P Setia Annual Report 2016
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84    S P Setia Berhad Group                                 Our Business | Our Performance Review | Our Leadership and People
                Annual Report 2016                                        | Our Achievements and Accolades | Our Sustainability Statement
                                                                         | Our Governance | Our Financial Statements | Other Information




          Additional Compliance


                                                                                Executive        Senior   Other Entitled
                                                                      Total  Director/CEO  Management      Employees
          For the period from 1 November 2014 to 31 December 2015

          ESGP
          As at 1 November 2014 (‘000)                              20,415           488          4,037        15,890
          Number of Shares granted (‘000)                            8,825           160          1,643         7,022
          Number of Shares vested (‘000)                             (6,832)         (191)       (1,446)       (5,195)
          Number of Shares lapsed (‘000)                             (3,745)           -         (1,391)       (2,354)
          Number of Shares outstanding as at 31 December 2015 (‘000)  18,663         457         2,843         15,363


          ESOS
          As at 1 November 2014 (‘000)                               47,672        8,000         39,672            -
          Number of Options granted (‘000)                          15,500             -         15,500            -
          Number of Options exercised (‘000)                         (7,380)           -         (7,380)           -
          Number of Options lapsed (‘000)                           (11,439)           -        (11,439)           -
          Number of Options outstanding as at 31 December 2015 (‘000)  44,353      8,000        36,353             -


          For the period from 1 January 2016 to 31 December 2016

          ESGP
          As at 1 January 2016 (‘000)                               18,663           457          2,843        15,363
          Number of Shares granted (‘000)                            5,429           150          1,141         4,138
          Number of Shares vested (‘000)                             (9,129)        (247)        (1,883)       (6,999)
          Number of Shares lapsed (‘000)                              (664)            -           (53)          (611)
          Number of Shares outstanding as at 31 December 2016 (‘000)  14,299         360         2,048         11,891


          ESOS
          As at 1 January 2016 (‘000)                               44,353         8,000         36,353             -
          Number of Options granted (‘000)                           9,586         1,600          7,986             -
          Number of Options exercised (‘000)                         (1,718)           -         (1,718)           -
          Number of Options lapsed (‘000)                             (450)            -          (450)            -
          Number of Options outstanding as at 31 December 2016 (‘000)  51,772      9,600         42,171            -

          Maximum Allowable Allocation of the LTIP

          Based on the LTIP By-Laws, the aggregate number of Shares comprised in the LTIP Awards to be awarded to a selected person in accordance
          with the LTIP shall be determined at the discretion of the NRC subject to the following:-

          i.   The total number of new Shares made available under the LTIP shall not exceed 15% of the issued and paid-up share capital of the
              Company (excluding treasury shares, if any) at the point in time when an LTIP Award is offered; and
          ii.   Not more than ten percent (10%) of the total new Shares to be issued under the LTIP at the point in time when an LTIP Award is offered
              be allocated to any individual Selected Person who, either singly or collectively through persons connected with him, holds twenty per
              cent (20%) or more in the issued and paid-up share capital of the Company (excluding treasury shares, if any).

          As of 31 December 2016, 23% of the Shares granted pursuant to the ESGP (excluding number of shares lapsed) has been granted to the
          Executive Director/CEO and Senior Management during FY2016 and since the commencement of the LTIP.

          Options under the ESOS were granted only to the Executive Director/CEO and Senior Management of the Company during FY2016 and since
          the commencement of the LTIP.
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