Unilever 2005 Annual Report Download - page 70
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Report of the Directors
Unilever Annual Report and Accounts 2005 67Unilever Annual Report and Accounts 2005 67
Report of the Remuneration Committee
(continued)
Executive Directors’ interests – share capital
The interests in the share capitals of NV and PLC and their group companies of those who were Executive Directors at 31 December
2005 and of their immediate families were as shown in the table below:
Shares held at Shares held at
1 January 2005 31 December 2005
(excluding unvested (excluding unvested
Name Share type(1) matching shares) matching shares)
Patrick Cescau(2) NV 20 964 23 117
PLC 51 123 89 400
Kees van der Graaf NV 5 426 6 236
PLC 21 066 26 750
Ralph Kugler(3) NV 13 876 13 876
PLC 36 123 36 144
Rudy Markham NV 40 210 42 348
PLC 128 180 143 571
(1) NV shares are ordinary €0.51 shares and PLC shares are ordinary 1.4p shares.
(2) Balances include under NV 12 905 NV New York shares and under PLC 5 678 ADRs (22 712 PLC) shares.
(3) Opening balance for Ralph Kugler is at appointment as Executive Director in May 2005.
The Executive Directors, in common with other employees of PLC and its United Kingdom subsidiaries, had beneficial interests in
48 888 961 PLC ordinary shares at 1 January 2005 and 43 232 118 PLC ordinary shares at 31 December 2005, acquired by the
Unilever Employee Share Trust (Jersey) for the purpose of satisfying options and vesting of shares under various group share plans
(including the PLC Executive Option Plans and the UK Employee ShareSave Plan). Further information, including details of the NV and
PLC ordinary shares acquired by certain group companies in connection with other share-based compensation plans, is given in note 31
on pages 132 to 141.
The voting rights of the Directors who hold interests in the share capitals of NV and PLC are the same as for other holders of the class
of shares indicated. None of the Directors’ or other executive officers’ shareholdings amounts to more than 1% of the issued shares in
that class of share. Except as stated above, all shareholdings are beneficial.
The only changes in the interests of the Executive Directors and their families in NV and PLC ordinary shares between 31 December
2005 and 28 February 2006 were that:
• The holding of the Unilever Employee Share Trust (Jersey) has reduced to 42 486 540 PLC ordinary shares;
• Kees van der Graaf, Ralph Kugler and Rudy Markham each acquired further interests in 43 PLC ordinary shares during January and
February due to monthly ShareBuy purchases; and
• Patrick Cescau purchased on 10 February 1 150 Unilever N.V. shares.