Page 132 - SFG_ANNUALREPORT_12OCT_SINGLEPAGE
P. 132

NOTES TO THE FINANCIAL STATEMENTS (CONT.)

There were no performance share rights issued during the year ended 30 June 2015 (2014: 1,000,000). Refer below
table for details.

Set out below are summaries of performance rights granted under the plan:

2015

                              Balance at the                                 Expired /      Balance at the
                                                                            forfeited /          end of the
            Expiry Exercise   start of the                                                               year
                                                                                  other
Grant date  date       price  year            Granted        Exercised
                                                        -
19/02/2013 30/08/2015  $0.0   2,800,000                 -    - - 2,800,000
                                                        -
17/09/2013 30/08/2016  $0.0   600,000                   -    - - 600,000
                                                        -
31/10/2013 30/08/2016  $0.0   200,000                        - - 200,000

21/01/2014 30/08/2016  $0.0   200,000                        - - 200,000

                              3,800,000                      - - 3,800,000

2014

                              Balance at the                                 Expired /      Balance at the
                                                                            forfeited /          end of the
            Expiry Exercise   start of the                                                               year
                                                                                  other
Grant date  date       price  year             Granted       Exercised                           2,800,000
                                                          -              -               -
19/02/2013 30/08/2015  $0.0   2,800,000                                  -                          600,000
                                                600,000                  -               -
17/09/2013 30/08/2016  $0.0   -                 200,000                  -                          200,000
                                                200,000                  -               -
31/10/2013 30/08/2016  $0.0   -               1,000,000                                             200,000
                                                                                         -
21/01/2014 30/08/2016  $0.0   -                                                                  3,800,000
                                                                                         -
                              2,800,000

Fair value of options granted
No options were granted during the years ended 30 June 2015 or 30 June 2014. The fair value of options at grant
date is independently determined using a Black-Scholes option pricing model that takes into account the exercise
price, the term of the option, the impact of dilution, the share price at grant date and expected price volatility of the
underlying share, the expected dividend yield and the risk free interest rate for the term of the option.

Note 42. Events after the reporting period

No matter or circumstance has arisen since 30 June 2015 that has significantly affected, or may significantly affect the
consolidated entity’s operations, the results of those operations, or the consolidated entity’s state of affairs in future
financial years.

131
   127   128   129   130   131   132   133   134   135   136   137