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Alibaba (HKG:1688) issues 49.6K shares as options exercised

[Date:02-23-2012] Source: Infocast News  RSS Feed 

Referring to the privatization offer made by Alibaba Group Holding Limited, Alibaba.com (HKG:1688) said that since February 21, Alibaba.com has issued a total of 49,600 shares to certain holders of outstanding share options pursuant to the exercise of outstanding share options under the share option scheme, with an exercise price ranging from HK$5.54 to HK$12.74 per share.

In addition, since the latest practicable date (February 17), a total of 54,600 outstanding share options have lapsed following termination of employment of the holders of these options.

As a result, the total number of shares in issue has increased from 5,002,039,375 shares as at the latest practicable date to 5,002,088,975 shares, and the number of outstanding share options under the share option scheme was reduced from 28.723 million as at latest practicable date to 28.618 million.

Furthermore, since the latest practicable date, a total of 68,250 restricted share units (RSUs) have been cancelled following the termination of employment of the holders of these RSUs. Therefore, the number of RSUs under the RSU scheme was reduced from 44.226 million as at the latest practicable date to 44.157 million.
 




 

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