Ntegrator International Ltd. - Annual Report 2020

86 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2020 20. Share capital and treasury shares (continued) (b) Performance share plan (continued) Details of the shares awarded pursuant to the PSP were as follows: Shares Aggregate Shares Aggregate awarded shares awarded awarded shares awarded during the since the during the since the financial commencement financial commencement year of the PSP to year of the PSP to 2020 31.12.2020 2019 31.12.2019 Name of directors Han Meng Siew - - - 2,000,000 Jimmy Chang Joo Whut - - - 2,000,000 Charles George St. John Reed - - - 350,000 Lai Chun Loong - - - 200,000 Lee Keen Whye - - - 200,000 - - - 4,750,000 Name of executive officer Kenneth Sw Chan Kit - - - 2,000,000 Employees - - - 1,314,214 Total - - - 8,064,214 Since the commencement of the PSP till the end of the financial year ended 31 December 2020: • No shares were granted to the controlling shareholders of the Company and their associates; and • No participant other than Han Meng Siew, Jimmy Chang Joo Whut and Kenneth Sw Chan Kit as mentioned above has received 5% or more of the total shares available under the PSP. The Company has not granted any awards under the PSP since the financial year ended 31 December 2011 till 31 December 2020. During the financial year on 11 February 2020, the PSP has expired. 21. Other reserves (a) Composition: Group 2020 2019 S$’000 S$’000 Currency translation reserve - (840) Other reserves are non-distributable. (b) Movements: Currency translation reserve Group 2020 2019 S$’000 S$’000 Beginning of financial year (840) (706) Net currency translation differences of financial statements of foreign subsidiary corporations - (134) Reclassification to accumulated losses 840 - End of financial year - (840)