Marks and Spencer 2005 Annual Report Download - page 28

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26 MARKS AND SPENCER GROUP PLC
Directors’ interests
The beneficial interests of the directors and connected persons in the shares of the Company are shown below. These include shares
held under the Delayed Profit Sharing Scheme. Options granted under the Save As You Earn (SAYE) Share Option and Executive Share
Option Schemes are shown on pages 40 to 41. Further information regarding employee share option schemes is given in note 10 to the
financial statements.
There have been no other changes in the directors’ interests in shares or options granted by the Company and its subsidiaries between
the end of the financial year and one month prior to the notice of the Annual General Meeting. The Register of Directors’ Interests (which
is open to shareholders’ inspection) contains full details of directors’ shareholdings and options to subscribe for shares. No director had
any interest in any subsidiary at the beginning or end of the year.
Ordinary shares B shares as at
as at 3 April 2004 3 April 2004
Ordinary shares B shares or date of or date of
as at 2 April 2005 as at 2 April 2005 appointment appointment
Paul Myners 50,660 – 50,000 –
Stuart Rose (appointed 31 May 2004) 350,416 – 135,416 –
Alison Reed (retired 30 April 2005) 147,153 – 144,861 1,069
Charles Wilson (appointed 31 May 2004) 100,000 – – –
Anthony Habgood (appointed 15 July 2004) 2,500 – – –
Steven Holliday (appointed 15 July 2004) 2,500 – – –
Jack Keenan 3,238 – 3,238 –
Kevin Lomax 16,190 – 16,190 –
Directors’ responsibilities
Directors’ responsibilities for preparing the financial statements
The directors are obliged under company law to prepare financial statements for each financial year and to present them annually to the
Company’s members in the Annual General Meeting.
The financial statements, of which the form and content is prescribed by the Companies Act 1985 and applicable accounting standards,
must give a true and fair view of the state of affairs of the Company and the Group at the end of the financial year, and of the profit for
that period.
The directors are also responsible for the adoption of suitable accounting policies and their consistent use in the financial statements,
supported where necessary by reasonable and prudent judgements.
The directors confirm that the above requirements have been complied with in the financial statements.
In addition, the directors are responsible for maintaining adequate accounting records and sufficient internal controls to safeguard the
assets of the Group and to prevent and detect fraud or any other irregularities, as described more fully on page 14.