ANNUAL REPORT 2014
91
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
For the financial year ended 31 December 2014
21. SHARE CAPITAL
The Group and the Company
Number
of shares
Amount
’000
$’000
2014
Beginning of financial year
218,664
246,848
Issue of 298,000 ordinary shares by virtue of exercise of
share options (Note 25(c))
298
1,874
End of financial year
218,962
248,722
2013
Beginning of financial year
198,184
243,114
Issue of 609,000 ordinary shares by virtue of exercise of
share options (Note 25(c))
609
3,734
Issue of 19,871,519 bonus shares by virtue of one
bonus share for every ten existing ordinary shares
19,871
–
End of financial year
218,664
246,848
All issued ordinary shares are fully paid. There is no par value for these ordinary shares.
The holders of ordinary shares are entitled to receive dividends as and when declared by the Company. All ordinary
shares carry one vote per share without restriction.
Please refer to Note 25(b) for details of share options.
22. RELATED PARTY TRANSACTIONS
In addition to other related party information disclosed elsewhere in the financial statements, the following
transactions have been carried out between the Group and its related parties at terms agreed between the parties
during the financial year:
(a)
Share options granted to key management
The aggregate number of share options granted and accepted by the key management of the Group during
the financial year is 246,000 (2013: 224,000). The share options have been granted on the same terms
and conditions as those offered to the other employees of the Company (Note 25(b)). The aggregate number
of share options granted to the key management of the Group outstanding as at the end of the financial year
is 502,000 (2013: 420,000).
