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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
34. EMPLOYEE BENEFITS (CONT’D)
Employees’ Share Scheme (“ESS”) (Cont’d)
(a) ESOS (Cont’d)
The expected life of the options is based on historical data and is not necessarily indicative of exercise
patterns that may occur. The expected volatility reflects the assumption that the historical volatility over
a period similar to the life of the options is indicative of future trends, which may not necessarily be the
actual outcome.
(b) RSGS
The following table illustrates the movements of shares vested under the RSGS during the financial
year:
Movement of shares under the RSGS during the financial year
Group
2016
2015
No.
No.
Outstanding at 1 April 2015/2014
-
-
Granted
188,000
206,000
Vested
(188,000)
(206,000)
Outstanding at 31 March
-
-
The vesting of the RSGS shares is conditional upon the satisfaction of the performance targets of the
Group and all other conditions as set out in the ESS Bye-Laws.