NOTES TO FINANCIAL STATEMENTS
30 June 2015
Annual Report 2015
Karin Technology Holdings Limited
103
26. SHARE CAPITAL
(continued)
TREASURY SHARES
The movements of the Group’s and the Company’s treasury shares during the year are as follows:
Number of shares
Amount
2015
2015
Notes
HK$’000
HK$’000
At beginning of the financial year
194,000
359
71
Shares repurchased
(a)
306,000
529
1,596
Distribution of treasury shares
(b)
–
(710,000)
–
________
________
______
______
At end of the financial year
500,000
888
359
________
________
______
______
Notes:
B
%VSJOH UIF ZFBS UIF $PNQBOZ SFQVSDIBTFE B UPUBM PG
PSEJOBSZ TIBSFT PG UIF $PNQBOZ PO
UIF 4(9 45 BU BO BHHSFHBUF DPOTJEFSBUJPO PG ),
),
BOE UIFTF TIBSFT XFSF IFME CZ UIF
Company as treasury shares.
The repurchases of the Company’s shares during the current and prior years were effected by the directors, pursuant
to the mandate from shareholders received at the last annual general meeting, with a view to benefiting shareholders
as a whole by enhancing the net asset value per share and earnings per share of the Group.
C %VSJOH UIF ZFBS FOEFE +VOF
UIF $PNQBOZ BXBSEFE
USFBTVSZ TIBSFT PG UIF $PNQBOZ UP DFSUBJO
employees, pursuant to the Karin Performance Share Plan adopted at the annual general meeting held on 21 October
5IF BHHSFHBUF DBSSZJOH BNPVOU BOE GBJS WBMVF PG USFBTVSZ TIBSFT BU UIF EBUF PG BXBSE XFSF ),
BOE
),
SFTQFDUJWFMZ BOE UIF BHHSFHBUF GBJS WBMVF XBT SFDPHOJTFE BT BO FYQFOTF JO QSPGJU PS MPTT OPUF %VSJOH
the year, no treasury share was awarded.
SHARE OPTIONS
Details of the Company’s share option schemes are included in note 27 to the financial statements.
