Notes to the Financial Statements
96
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Set out below are summaries of options under the plans.
Grant date Expiry date
Exercise  
price 
$
Balance  
start of year 
Number
Granted  
during year 
Number
Expired  
during year 
Number
Balance  
end of year 
Number
Vested and  
exercisable at  
end of year 
Number
Year ended 30 June 2013 – Employees
04 Apr 2008 03 Apr 2013 $6.00 481,000 – (481,000) – –
Total 481,000 – (481,000) – –
Weighted average exercise price $6.00 –  $6.00 – –
Year ended 30 June 2012 – Employees
07 Jul 2006 01 Jul 2011 $6.00 50,000 – (50,000) – –
04 Apr 2008 03 Apr 2013 $4.68 58,535 – (58,535) – –
04 Apr 2008 03 Apr 2013 $6.00 566,001 – (85,001) 481,000 481,000
Total 674,536 – (193,536) 481,000 481,000
Weighted average exercise price  $5.89 –  $5.60 $6.00 $6.00
 
The fair value of shares issued on the exercise of options is the weighted average price at which the Company’s shares were traded on the Australian 
Securities Exchange on the day prior to the exercise of the options.
The weighted average remaining contractual life of share options outstanding at the end of the period was 2.59 years (2012: 2.95 years).
Year ended 30 June 2013 – Other
04 Apr 2008 03 Apr 2013  $6.00  415,000 – (415,000) – –
04 Apr 2008 03 Apr 2013  $7.0 0  500,000 – (500,000) – –
26 Aug 2011 25 Aug 2014 $10.36  1,500,000 – – 1,500,000 1,500,000
23 Sep 2011 22 Sep 2016  $10.50  3,333,334 – – 3,333,334 3,333,334
Total  5,748,334 – (915,000) 4,833,334 4,833,334
Weighted average exercise price  $9.83  $6.55 $10.46 $10.46
Year ended 30 June 2012 – Other
04 Apr 2008 03 Apr 2013  $6.00 415,000 – – 415,000 415,000
04 Apr 2008 03 Apr 2013  $7.0 0 500,000 – –  500,000 500,000
26 Aug 2011 25 Aug 2014  $10.36 – 1,500,000 – 1,500,000 1,500,000
23 Sep 2011 22 Sep 2016 $10.50 – 3,333,334 – 3,333,334 3,333,334
Total 915,000 4,833,334 – 5,748,334 5,748,334
Weighted average exercise price $6.55 $10.46 $9.83 $9.83
 
Executive Rights Plan
On 1 July 2012, the Company introduced an Executive Rights Plan which involves the grant of two types of rights being performance rights and deferred 
rights. Subject to the satisfaction of the performance condition at the end of a three year measurement period in respect of performance rights and the 
service condition at the end of the three year vesting period in respect of deferred rights, the rights will vest. The first $1,000 of value per individual award is 
settled by cash with the balance settled by shares. 
24. Employee benefits and share-based payments continued