As at June 30, 2012, the interests and short positions of the directors and the chief executive of the Company in the shares, underlying shares and debentures of the Company or any of its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance (“SFO”)) which have been notified to the Company pursuant to Divisions 7 and 8 of Part XV of the SFO (including interests and short positions which any such director or chief executive was taken or deemed to have under such provisions of the SFO) or as recorded in the register required to be kept under section 352 of the SFO or otherwise notified to the Company and The Stock Exchange of Hong Kong Limited pursuant to the Model Code for Securities Transactions by Directors of Listed Issuers as set out in Appendix 10 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“the Listing Rules”) and as adopted by the Company, were as follows:
|Name of directors||Capacity/
Nature of interests
|Mr Horst Julius Pudwill||Beneficial owner||145,361,000||1,770,000||401,050,794||22.01%|
|Interests of spouse||760,000||—|
|Interests of controlled
|Mr Joseph Galli Jr||Beneficial owner||849,500||1,000,000||1,849,500||0.10%|
|Mr Kin Wah Chan||Beneficial owner||—||1,000,000||1,000,000||0.05%|
|Mr Chi Chung Chan||Beneficial owner||—||1,000,000||1,000,000||0.05%|
|Mr Stephan Horst Pudwill||Beneficial owner||4,509,500||2,000,000||6,509,500||0.36%|
|Prof Roy Chi Ping Chung BBS JP||Beneficial owner||56,405,948||600,000||94,216,978||5.17%|
|Interests of spouse||136,000||—|
|Interests of controlled
|Mr Joel Arthur Schleicher||Beneficial owner||107,000||850,000||1,017,000||0.06%|
|Interests of spouse||—||60,000(1)|
|Mr Christopher Patrick Langley OBE||Beneficial owner||900,000||850,000||1,750,000||0.10%|
|Mr Manfred Kuhlmann||Beneficial owner||—||850,000||850,000||0.05%|
|Mr Peter David Sullivan||Beneficial owner||—||850,000||850,000||0.05%|
|Mr Vincent Ting Kau Cheung||Beneficial owner||1,920,000||850,000||2,770,000||0.15%|
The interests of the directors of the Company in the underlying shares pursuant to equity derivatives, which were held as beneficial owner, represent share options granted to them respectively pursuant to the share option schemes adopted by the Company, details of which are separately disclosed in the section headed “Share Options” below. These share options are physically settled and unlisted.
The interests of the spouse of Mr Joel Arthur Schleicher in the underlying shares pursuant to listed equity derivatives represent an interest in 60,000 underlying shares held in the form of 12,000 American Depositary Receipts, each representing 5 shares of the Company.
|No. of shares|
|Cordless Industries Company Limited *||37,075,030|
* Cordless Industries Company Limited is owned as to 70% by Mr Horst Julius Pudwill and as to 30% by Prof Roy Chi Ping Chung BBS JP.