Experian 2009 Annual Report Download - page 123

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121Experian Annual Report 2009
Introduction
2 – 7
Business review
8 – 43
Governance
44 – 72
Financial statements
Group nancial statements
27. Share-based payment arrangements (continued)
(iv) Reconciliation of movement in the number of share options in respect of Experian plc shares
Weighted We i gh t ed
Number of average Number of average
options exercise price options exercise price
2009 2009 2008 2008
m £ m £
Options outstanding at 1 April 30.1 4.85 31.4 4.73
New grants 10.1 3.10 6.3 4.96
Forfeitures1 (4.7) 3.65 (2.1) 5.20
Exercised options (1.4) 4.96 (4.9) 4.09
Expired options (0.3) 4.42 (0.6) 4.88
Options outstanding at 31 March 33.8 4.37 30.1 4.85
Options exercisable at 31 March 6.4 4.27 8.3 4.20
1. For arrangements which are ‘save as you earn’ in nature, this includes non-leavers who have not completed the savings requirement.
(v) Options in respect of Experian plc shares outstanding at the end of the year
At 31 March 2009
Weighted
Range of Number average
exercise of exercise Weighted average remaining lives
prices options price1
£ m £ Expected years Contractual years
2-3 2.8 2.91 3.1 3.5
3-4 10.4 3.33 2.4 7.7
4-5 8.6 4.63 0.6 4.2
5-6 10.9 5.35 1.7 5.9
6-7 1.1 6.12 2.4 8.2
33.8 4.37
At 31 March 2008
We igh t ed
Range of Number average
exercise of exercise Weighted average remaining lives
prices options price1
£ m £ Expected years Contractual years
2-3 0.2 2.85 0.4 1.1
3-4 4.2 3.75 0.6 2.8
4-5 11.9 4.62 1.5 5.1
5-6 12.7 5.34 2.6 6.9
6-7 1.1 6.12 3.4 9.2
30.1 4.85
1. To the extent that GUS options were rolled over into Experian plans, the inputs for share price at grant date and exercise price were rebased to be comparable
with the Experian plc share price at demerger and to reect the consequent changes to option terms.