On 1 July 2009, Manchester Ltd granted 50,000 share options to its Chief Executive Officer with an exercise price of $40 per share, conditional upon the entity achieving the following non-market vesting conditions:

Earnings information available follows:

In accordance with AASB 2, when will this share option vest?

Question

On 1 July 2009, Manchester Ltd granted 50,000 share options to its Chief Executive Officer with an exercise price of $40 per share, conditional upon the entity achieving the following non-market vesting conditions:

Earnings information available follows:

In accordance with AASB 2, when will this share option vest?

Earnings information available follows:

In accordance with AASB 2, when will this share option vest?

Quizplus · Accepted Answer

The Answer of On 1 July 2009, Manchester Ltd granted 50,000 share options to its Chief Executive Officer with an exercise price of $40 per share, conditional upon the entity achieving the following non-market vesting conditions:

Earnings information available follows:

In accordance with AASB 2, when will this share option vest?

On 1 July 2009, Manchester Ltd Granted 50,000 Share Options