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CapitaLand Limited
Annual Report 2015
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Financials &
Additional
Information
Directors’ Statement
Share Plans - CapitaLand Share Option Plan, Performance Share Plan 2010 and Restricted Share Plan 2010
The Executive Resource and Compensation Committee (ERCC) of the Company has been designated as the Committee
responsible for the administration of the Share Plans. The ERCC members at the date of this statement are Mr Ng Kee Choe
(Chairman), Mr Simon Claude Israel and Mr Stephen Lee Ching Yen.
The CapitaLand Performance Share Plan 2010 (PSP 2010) and CapitaLand Restricted Share Plan 2010 (RSP 2010) were
approved by the members of the Company at the Extraordinary General Meeting held on 16 April 2010. The duration of each
share plan is 10 years commencing on 16 April 2010. The Company did not extend the duration of, or replace, the existing
CapitaLand Share Option Plan (ESOP) which expired on 16 November 2010. All share options granted under the ESOP prior
to its termination will continue to be valid and be subject to the terms and conditions of the plans.
The ERCC has instituted a set of share ownership guidelines for senior management who receives shares under the PSP
2010 and the RSP 2010. Under these guidelines, members of the senior management team are required to retain a portion
of the total number of CapitaLand shares received under the PSP 2010 and the RSP 2010, which varies according to their
respective job grades and base salaries.
The total number of new shares which may be allotted, issued and/or delivered pursuant to awards granted under the PSP
2010 and the RSP 2010 on any date, when aggregated with existing shares (including treasury shares and cash equivalents)
delivered and/or to be delivered, pursuant to the PSP 2010, the RSP 2010 and all shares, options or awards granted under
any other share schemes of the Company then in force, shall not exceed 8% of the total number of issued shares (excluding
treasury shares) from time to time.
Details of options exercised and awards granted under each Share Plan are provided in the following sections.
(a) CapitaLand Share Option Plan - Options Exercised
The Company ceased to grant options under the ESOP since 2007. During the financial year, there were new ordinary
shares issued for cash in the capital of the Company pursuant to the exercise of options granted:
Name of company
Exercise
price
(per share)
Number
of shares
issued
CapitaLand Limited
$1.72 to $3.18
1,629,476
Save as disclosed above, there were no shares issued during the financial year by virtue of the exercise of options to
take up unissued shares of the Company.
