KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 296 KENANGA INVESTMENT BANK BERHAD 55. EQUITY COMPENSATION BENEFITS (CONT’D.) Kenanga Group Employees’ Share Scheme (cont’d.) (1) ESOS (cont’d.) The following table illustrates the number and weighted average exercise price (“WAEP”) of, and movement in, share options during the financial year: ESOS First Offer Offer date Opening Movement during the financial year Outstanding As at 1.1.2018 Granted Exercised Forfeited As at 31.12.2018 2.1.2018 - 2,218,000 194,400 34,000 1,989,600 2.1.2018 - 47,205,000 - 1,445,000 45,760,000 WAEP (RM) N/A 0.575 0.575 - 0.575 ESOS Second Offer Offer date Opening Movement during the financial year Outstanding As at 1.1.2018 Granted Exercised Forfeited As at 31.12.2018 31.5.2018 - 10,000,000 - - 10,000,000 WAEP (RM) N/A 0.630 0.630 - 0.630