Examples of Old Options in a sentence
As a result of the Share Consolidation, the exercise price of the Old Options had been adjusted from HK$0.1632 per Old Share to HK$1.3056 per consolidated share and the number of shares to be issued upon exercise of the outstanding Old Options granted under the Share Option Scheme had been adjusted from 500,000,000 Old Shares to 62,500,000 consolidated shares.
For example, in the former HSE Eastern region there has been a decrease in purchase of frozen foods and red meat with an increase in purchase of fruit, vegetables and fish and chicken in recent years (Personal Communication, HSE Procurement officer).
Old Options cash settled and other Old Option forfeitures prior to replacement with New Options.
During the year, the Group recognised the expense of share-based payments RMB1,000,000 (2012:RMB3,368,000) of which RMB nil (2012: RMB998,000) was related to the cancellation of the Old Options.
Holders of Old Options which were outstanding at the time of the acquisition have been exchanged their Old Options for options over Ordinary Shares on the same terms as such Old Options.