HONG KONG, Oct. 14, 2011 /PRNewswire-Asia/ -- Bright Smart Securities & Commodities Group Limited ("BS Group" or "the Group", HKEx: 01428) is pleased to announce that on 3 October 2011, the Group has awarded a special bonus to all employees, which approximately HKD1 million in total, as the Group achieved outstanding performance on its key operation indicators such as turnover, profit and number of clients for the past six months ended 30 September 2011.
BS Group emphasized that the bonus payment is subject to the Group's results and individual employees' performance. The Group had implemented both monthly bonus and year-end bonus since 2004. In 2011, the Group had awarded monthly bonus frequently, in recognition and gratitude for the employees' contribution.
In addition, the Group today announces the granting of 19,578,000 share options to all of its staffs and associates (the " Grantees"). The share options have an exercise price of HKD0.69 per share and will expire on 12 October 2013. The grant of share options will allow the employees to benefit from potential business growth, creating a greater sense of belongings to the Group. Part of the new share options were granted as replacement of the share options previously granted to the Grantees on 25 February 2011 (exercise price: HKD1.12) due to much higher exercise price of the outstanding share options comparing to the current market price of the Group's share. Therefore, new shares options were granted to the same Grantees with reference to the prevailing market price of the shares and the outstanding share options will be cancelled, ensuring the effectiveness of these share options to motivate employees.
Mr. Yip Mow Lum, Chairman of BS Group, said, "In recent years, our client base continues to grow as we build and maintain better relationships with our customers. These achievements would not be possible without our staffs' dedication. We are delighted to share the Group's success with our staffs. We also regularly review and improve our incentive scheme to better retain the talents within the Group. We believe the recent profit sharing and newly granted share options would motivate our staffs as their benefits are closely tied to business performance, thereby fueling the Group's long term growth."
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About BS Group
Listed on the Main Board of the Hong Kong Stock Exchange in 2010, Bright Smart Securities & Commodities Group Limited ("BS Group", HKEx: 01428) provides its clients with comprehensive and robust brokerage services including securities traded in Hong Kong, US, China (B) and Taiwan, Hong Kong stock options, global futures, IPO subscriptions and margin financing through its wholly-owned subsidiaries Bright Smart Securities International (H.K.) Limited and Bright Smart Futures & Commodities Company Limited. Leveraging on its efficient and reliable online trading system, multi-channel mobile trading platform and extra-low commission policy, BS Group has achieved rapid growth and has a total of 12 branches distributed across Hong Kong, Kowloon and the New Territories. For more information, please visit www.bsgroup.com.hk.
