Information on the operations of the Group is set out in the 2010-2011 Operations review on pages 5 to 14 of this Annual Report. Other than the matters included in this Directors’ Report or elsewhere in the Annual Report, future developments, business  strategies and prospects of the Company and the expected results of those operations have not been disclosed as the Directors  believe that their inclusion would most likely result in unreasonable prejudice to the Company and/or the Group. No dividend has been paid or declared by the Company to shareholders since the end of the previous financial year. The Company  intends to pay future dividends during financial periods when appropriate to do so. As at the date of this Directors’ Report, the details of options over unissued ordinary shares in the Company were as follows: During the financial year, the following ordinary shares of the Company were issued on the exercise of options granted. No amounts are unpaid on any of the ordinary shares issued: No fully paid ordinary shares have been issued since 30 June 2011 as a result of the exercise of Employee Share Option Plan  (‘ESOP’) options and other share options since that date. Future Developments, Business Strategies and Prospects, and Expected Results of Operations Exercise Price  Number Under Type of Option  Grant Date  Date of Expiry  Per Option  Option ESOP options  29 June 2009  30 October 2011  $6.84  200,000 Other share options  23 November 2009  12 November 2013  $14.07  1,000,000 ESOP options  23 November 2009  12 November 2013  $14.07  530,000 ESOP options  9 December 2009  18 November 2013  $11.50  1,600,000 ESOP options  25 March 2010  18 November 2013  $11.50  100,000 ESOP options  3 September 2010  31 October 2014  $9.77  945,000 ESOP options  12 January 2011  31 October 2014  $9.77  300,000 Other share options  18 November 2010  18 November 2014  $9.48  500,000 ESOP options  18 November 2010  18 November 2014  $9.77  100,000 5,275,000 Amount Paid Per  Number of Ordinary Type of Option  Grant Date  Ordinary Share  Shares Issued Other share options  27 November 2007  $2.95  500,000 Other share options  22 January 2008  $2.95  500,000 Other share options  27 November 2008  $4.00  250,000 Other share options  1 August 2008  $4.50  750,000 Other share options  27 November 2008  $4.50  750,000 Other share options  1 August 2008  $5.00  750,000 Other share options  27 November 2008  $5.00  750,000 ESOP options  27 November 2007  $2.95  205,000 ESOP options  3 November 2008  $4.00  90,000 ESOP options  3 November 2008  $5.00  905,000 ESOP options  28 November 2008  $5.00  100,000 5,550,000 Karoon Gas Australia Ltd  Annual Report 2011 19 Review of Operations Dividends Options