|
Number of options granted
|
535,000
|
||||
|
Vesting requirements
|
Immediately
|
||||
|
Contractual life
|
10 years
|
||||
|
Method of settlement
|
In equity
|
||||
|
Exercise price per share
|
US$8.76
|
||||
|
Market price per share on grant date
|
US$8.40
|
||||
|
Expected volatility
|
37.74%
|
||||
|
Expected option life
|
10 years
|
||||
|
Expected dividends
|
0.00%
|
||||
|
Risk-free interest rate
|
2.38%
|
||||
|
Fair value of option granted (per option)
|
$5.38(US$4.22)
|