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.
COMPUTIME GROUP LIMITED
金 寶 通 集 團 有 限 公 司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 320)
GRANT OF SHARE OPTIONS
This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The board of directors (the "Board") of Computime Group Limited (the "Company") announces that the Company has granted 8,000,000 share options ("Share Option(s)") to Dr. OWYANG King ("Dr. OWYANG"), an executive director and the chief executive officer of the Company, under the share option scheme of the Company adopted on 14 September 2016, to subscribe for a total of 8,000,000 ordinary shares of HK$0.1 each of the Company, subject to Dr. OWYANG's acceptance of the Share Options. Details of the Share Options are set out below:
Date of grant
:
27 November 2019
Number of Share Options granted
:
8,000,000 (each Share Option shall entitle the holder
thereof to subscribe for one share of the Company)
Exercise price of Share Options
:
HK$0.65 per share
Closing market price of the
:
HK$0.65 per share
Company's shares on
the date of grant of
Share Options
- 1 -
Validity period of the Share
:
The exercise period of the Share Options is as
Options
follows:
(i)
4,000,000 Share Options shall be exercisable
for a period of 9 years commencing on 1 July
2020; and
(ii)
4,000,000 Share Options shall be exercisable
for a period of 8 years commencing on 1 July
2021.
The Share Options granted to the above director has been approved by all the independent non-executive directors of the Company.
By Order of the Board
Computime Group Limited
Auyang Ho
Chairman
Hong Kong, 27 November 2019
As at the date of this announcement, the directors of the Company are:
Executive Directors:
Mr. AUYANG Ho (Chairman)
Dr. OWYANG King (Chief Executive Officer)
Non-executive Directors:
Mr. KAM Chi Chiu, Anthony
Mr. Arvind Amratlal PATEL
Mr. WONG Chun Kong
Mr. AU Hing Lun, Dennis
Independent Non-executive Directors:
Mr. LUK Koon Hoo
Mr. Patrick Thomas SIEWERT
Mr. CHEUNG Ching Leung, David
For identification purposes only
- 2 -
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Computime Group Limited published this content on 27 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 November 2019 09:37:06 UTC
Computime Group Ltd is an investment holding company principally engaged in the research and development, design, manufacture and trading of electronic control products. The Company operates its business through two segments. The Contract Manufacturing Services segment is engaged in the research and development, design, manufacture, trading and distribution of commercial and industrial control products. The Smart Solutions segment is engaged in the research and development, design, manufacture, trading and distribution of building and home control and appliance control products. The Company sells its products within domestic market and to overseas markets such as the America, Europe and Asia.
COMPUTIME GROUP LIMITED 
