GLOBAL TOKEN LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
環球能源資源國際集團有限公司
(continued in Bermuda with limited liability)
(Stock Code: 8192)This announcement is made pursuant to Rule 23.06A of the Rules Governing the Listing of Securities on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules").
The board of directors (the "Board") of Global Energy Resources International Group Limited (the "Company", together with its subsidiaries, the "Group") hereby announces that on 18 January 2016, the Company has granted, subject to acceptances of the Grantees (the "Grantees"), share options to certain eligible participants under the share option scheme of the Company adopted on 9 May 2012 (the "Stock Option Scheme"), to subscribe for a total of 365,901,260 ordinary shares of HK$0.005 each of the Company (the "Shares"). Details of the share options granted are set out below:
Date of Grant: 18 January 2016
Exercise Price of share options granted:
HK$0.065 per Share (Note)
Number of share options granted: 365,901,260 share options (each share option shall entitle
the holder of the share options to subscribe for one Share)
Closing Price of the Shares on the date of grant:
HK$0.064 per Share
Validity period of the share options:
18 January 2016 to 9 May 2022 (both days inclusive) subject to the provisions for early termination contained in the Share Option Scheme and certain vesting conditions applicable to the relevant Grantee(s)
Note:
The exercise price of HK$0.065 per Share, is not less than the highest of (i) the closing price of HK$0.064 per Share as stated in the daily quotations sheet issued by the Stock Exchange on the date of grant; (ii) the average closing price of HK$0.0604 per Share as stated in the daily quotations sheet issued by the Stock Exchange for the 5 business days immediately preceding the date of grant; and (iii) the nominal value of the Share of HK$0.005 each.
Among the total of 365,901,260 share options granted, 138,000,000 share optons were granted to the directors of the Company as follows:
Mr. Chan Kwok Wing Chief Executive Officer & Executive
Director
46,000,000
Mr. Lu Zhi Qiang | Executive Director | 46,000,000 |
Mr. Zhao Liang | Executive Director | 46,000,000 |
Total 138,000,000
In accordance with Rule 23.04(1) of the GEM Listing Rules, the grant of share options to each of the above executive directors has been approved by the independent non-executive directors. Save as disclosed above, none of the Grantees is a director, chief executive or substantial shareholder of the Company, or any of their respective associates (as defined under the GEM Listing Rules) as at the date of this announcement.
By order of the Board
Global Energy Resources International Group Limited Chan Kwok WingChief Executive Officer and Executive Director
Hong Kong, 18 January 2016
As at the date of this announcement, the board of Directors comprises Mr. Chan Kwok Wing, Mr. Lu Zhi Qiang and Mr. Zhao Liang as executive Directors and Mr. Leung Wah, Mr. Lu Lin Yu and Mr. Wei Zhi Hong as independent non-executive Directors.
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.
This announcement will remain on the GEM website at www.hkgem.com on the "Latest Company Announcements" page for at least 7 days from the date of its posting and on the Company website at www.8192.com.hk.
Global Energy Resources International Group Ltd. issued this content on 2016-01-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 10:05:06 UTC
Original Document: http://www.8192.com.hk/attachment/201601181747010000275_en.pdf
