Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CHINASOFT INTERNATIONAL LIMITED

中 軟 國 際 有 限 公 司 *

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 354) GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board of directors of Chinasoft International Limited (the "Company") announces that on 16 January, 2017, the Company granted an aggregate of 85,000,000 share options (the "Options") to certain eligible grantees (the "Grantees"), subject to acceptance by the Grantees, under the share option scheme of the Company adopted on

20 May, 2013. The Options entitle the Grantees to subscribe for an aggregate of 85,000,000 new ordinary shares of HK$0.05 each in the capital of the Company ("Shares") upon exercise in full. The exercise price of the Options is HK$3.666 per Share, which represents the highest of (i) the closing price of HK$3.580 per Share on the date of grant of the Options; (ii) the average closing price of HK$3.666 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the date of grant of the Options; and (iii) the nominal value of the Shares.

The Options are exercisable during the following periods:

  1. up to 30% of the Options granted to each Grantee from 16 January, 2017 to 15 January, 2020;

  2. up to a further 30% of the Options granted to each Grantee from 16 January, 2018 to 15 January, 2020; and

  3. up to a further 40% of the Options granted to each Grantee from 16 January, 2019 to 15 January, 2020.

The granting of Options to the above Grantees have been reviewed by Remuneration Committee of the Company and approved by the Independent Non-executive Directors of the Company.

By order of the Board

Chinasoft International Limited Dr. Chen Yuhong

Chairman and Chief Executive Officer

16 January 2017, Hong Kong

As at the date of this announcement, the Board comprises two executive Directors, namely Dr. Chen Yuhong (Chairman and Chief Executive Officer) and Dr. Tang Zhenming, two non-executive Directors, namely Dr. Zhang Yaqin and Mr. Samuel Thomas Goodner, and three independent non-executive Directors, namely Mr. Zeng Zhijie, Dr. Leung Wing Yin and Dr. Lai Guanrong.

* For identification purposes only

ChinaSoft International Limited published this content on 16 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2017 01:40:05 UTC.

Original documenthttp://www.chinasofti.com/en/investor/announcement/2017/LTN20170116499.pdf

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