FORMULA SYSTEMS (1985) LTD | CIK:0001045986 | 3

  • Filed: 5/15/2018
  • Entity registrant name: FORMULA SYSTEMS (1985) LTD (CIK: 0001045986)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1045986/000121390018006332/0001213900-18-006332-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1045986/000121390018006332/forty-20171231.xml
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  • ifrs-full:DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory

       Year ended December 31, 2017 
       Amount of options  

    Weighted

    average

    exercise

    price

      Weighted average remaining contractual life (in years)  Aggregate intrinsic value 
     Outstanding at January 1, 2017  2,137,783   6.91   3.43   15,171 
     Granted  880,000   11.53         
     Exercised  (722,483)  3.40         
     Expired and forfeited  (187,887)  9.71         
                      
     Outstanding at December 31, 2017  2,107,413   9.67   4.25   24,749 
                      
     Exercisable at December 31, 2017  783,663   7.05   2.70   9,028