Blue Cursor intended to grant 210 people a total of 6.3 million shares

Yesterday's suspension of the blue cursor end of the equity incentive feast. The company intends to grant 210 incentive objects 6.3 million shares, and set aside 700,000, the right price of 32.92 yuan/share, equivalent to suspension of the previous trading day closing. The company was suspended in August this year to plan asset restructuring failed.

According to the draft equity incentive, the blue cursor proposes to grant 7 million shares of stock options, accounting for 5.83% of the total equity at the time of the incentive plan announcement, of which 6.3 million were awarded for the first period of 5.25% of the total equity, 700,000 reserved, 10% of the total stock options and 0.58% of total equity. The target includes the company executive, middle management, core business and technical personnel, and other personnel with special contributions, totaling 210 people, of whom finance director Jianhong 122,500 shares, Dong Secretary Tanka was awarded 100,000 shares, the remaining 208 people share 6.0775 million shares. Data show that Jianhong, Tanka two people currently hold 165,000 shares, 1.14 million shares respectively.

The right price determined by the blue cursor is equivalent to 32.92 yuan for the 1 trading days before the announcement. According to the plan, since the grant day after 12 months, the incentive target should be in the next 36 months in three period of the right, the proportion is 25%, 35%, 40%. The main line of rights, in the period of the equity incentive plan, with 2009 years net profit and net assets yield as the base, from 2011 to 2013 relative to 2009 net profit growth rate is not less than 50%, 85%, 130%, 2011 to 2013 net assets yield is not less than 8%, 8.5%, 9%.

According to statistics, the gem has so far 13 companies to launch the equity incentive plan, a major feature is to benefit more widely. such as the inspiration of the Shenzhou Thai Yue, about 300 people, Oriental Wealth incentive target of about 242 people, Ai ER was awarded about 260 people. Related personage analysis, because the gem business scale is small, the subdivision profession has certain specialized, therefore to the talented person more relies on. In addition, the external to the growth of the company's development prospects placed high hopes, the company through equity incentives can unite people, add development momentum.

From the right of view, the blue cursor net profit growth index is not low, but its reference point is 2009 annual performance. In the first three quarters of this year, the blue cursor achieved a net profit of 55.37 million yuan, an increase of about 37%. Assuming that the company maintains a 37% per cent net profit growth rate of 2010 a year, the company will be able to meet its first performance target in 2011 with a year-on-year increase of only 10%. From this point of view, the index of the right of the line is actually not high.

It is worth mentioning that the blue cursor was suspended August 9 this year to plan a major asset restructuring. However, the company issued a September 3 announcement that, in view of the deal with the other party can not reach agreement, agreed to terminate the planning of major assets, and in the next 3 months no longer planning major asset restructuring. Still, the blue cursor leaves the suspense of asset restructurings.