CERTYNEX IFRS ACADEMY

On 1 December, Alba SA communicates an option plan to its executives. The services concerned start on the following 1 January. The plan is subject to approval by the general meeting, obtained on 15 February; the terms do not change on that occasion. What is the grant date?

15 February, the date on which the required approval is obtained and the agreement is complete.

1 December, the date on which the plan is communicated to all the executives concerned.

1 January, the date on which the executives start rendering the services of the plan.

The exercise date of the options, when the executives become owners of the shares.