If options have been granted under a previous scheme, the circular to shareholders seeking approval for the new scheme must disclose the following about the previous scheme:—
(1) Total numbers of shares reserved and allotted;
(2) Number of participants;
(3) Any material conditions to which the options are subject; and
(4) The following details of options granted to directors of the issuer, and participants who are controlling shareholders and their associates:—
(a) Dates options were granted;
(b) Number of shares offered under the options; and
(c) Number of shares allotted upon exercise of options.