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FINANCIAL STATEMENTS

Axiata Group Berhad | Annual Report 2016

181

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 previous financial year in the number of RSA shares of RM1 each of the Company, in which the employees of the

Group are entitled to, is as follows: (continued)

RSP

Closing

price at

grant date

RM

At 1

January

2015 Granted Adjusted

7

Vested

Lapsed/

forfeited

At 31

December

2015

Fair

value at

grant date

RM

Group

Grant 6(a), 2014

Tranche 1

6.69 6,538,950

-

-

(17,400)

(86,850) 6,434,700

4.77

Tranche 2

6.69 9,925,950

-

-

-

(99,650) 9,826,300

4.20

16,464,900

-

-

(17,400)

(186,500) 16,261,000

Grant 6(b), 2014

Tranche 1

6.94 121,200

-

-

-

(8,250)

112,950

4.72

Tranche 2

6.94 405,900

-

-

-

(8,250)

397,650

3.97

527,100

-

-

-

(16,500)

510,600

Grant 7(a), 2015

7.06

- 3,617,000

-

-

(25,200) 3,591,800

4.46

Grant 7(b), 2015

6.29

-

317,200

-

-

-

317,200

4.35

Grand total

44,260,200 3,934,200 4,508,000 (20,360,900)

(796,350) 31,545,150

7

Adjusted refer to the additional number of shares vested to the senior management due to multiplier effects or pro-rated shares offered

at the time of vesting.