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Axiata Group Berhad | Annual Report 2016
FINANCIAL STATEMENTS
176
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
14. EMPLOYEE SHARE OPTION AND SHARE SCHEME (CONTINUED)
(a) Performance-Based Employee Share Option Scheme and Restricted Share Plan [“Axiata Share Scheme”] (continued)
The movement during the financial year and its comparative in the number of options over the new ordinary shares of RM1 each of the
Company, in which the employees of the Group and the Company are entitled to, is as follows: (continued)
Performance-Based ESOS
Exercise
price
RM
At 1
January
2016
Adjusted
Exercised
Lapsed/
forfeited
At 31
December
2016
Fair
value at
grant date
RM
Company
Grant 1(a), 2009
Tranche 1
1.81
271,600
-
-
(48,650)
222,950
0.54
Tranche 2
1.81
640,900
-
-
(303,450)
337,450
0.57
912,500
-
-
(352,100)
560,400
Grant 1(b), 2010
Tranche 1
3.15
16,150
-
-
(16,150)
-
0.93
Tranche 2
3.15
124,950
-
-
(79,150)
45,800
0.98
141,100
-
-
(95,300)
45,800
Grant 2, 2010
Tranche 1
3.45
1,257,675
-
-
(81,675)
1,176,000
1.09
Tranche 2
3.45
1,898,475
-
-
(650,375)
1,248,100
1.15
3,156,150
-
-
(732,050)
2,424,100
Grant 3(a), 2011
Tranche 1
5.07
2,217,650
-
(87,000)
(338,750)
1,791,900
1.05
Tranche 2
5.07
2,473,350
-
(87,000)
(492,650)
1,893,700
1.10
4,691,000
-
(174,000)
(831,400)
3,685,600
Grand total
8,900,750
-
(174,000)
(2,010,850)
6,715,900