AS AT 30 JUNE 2011
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36. Earnings per share (continued)
Information concerning the classifcation of securities
Options
Options, performance rights and deferred (treasury) shares granted to employees under the FlexiGroup Tax Deferred
Employee Share Plan Trust are considered to be potential ordinary shares and have been included in the determination of
diluted earnings per share to the extent to which they are dilutive. The options, performance rights and deferred (treasury)
shares have not been included in the determination of basic earnings per share. Details relating to the options, performance
rights and deferred (treasury) shares, are set out in note 37.
37. Share-based payments
a. Long Term Incentive Plan
The establishment of the FlexiGroup Long Term Incentive Plan (“LTIP”) was approved by the founding shareholders on
20 November 2006. The LTIP is designed to provide relevant employees with an incentive for future performance, with
conditions for the vesting and exercise of options, performance rights and deferred shares under the LTIP, encouraging
those executives to remain with FlexiGroup and contribute to the future performance of the Company. Under the plan,
participants are granted either an option, right or deferred shares which only vests if certain performance standards are met.
The Board may determine which persons will be eligible to participate in the LTIP from time to time. Eligible persons may
be invited to apply to participate in the LTIP. The Board may in its discretion accept such applications.
Notes to the Financial Statements (continued)