Vodafone 2001 Annual Report Download - page 24

22 BOARD’S REPORT TO SHAREHOLDERS ON DIRECTORS’ REMUNERATION continued
Vodafone Group Plc
Annual Report & Accounts
for the year ended
31 March 2001
No director had, since 1 April 2000, any interest in the shares of any subsidiary company except Julian Horn-Smith who, at the end of the financial
year, owned 18,000 ordinary shares of Panafon SA, the Group’s Greek subsidiary company.
31 March 2001 1 April 2000
or date of
appointment
Ian MacLaurin 65,100 65,100
Chris Gent 1,904,759 641,369
Peter Bamford 67,576 11,612
Thomas Geitner 12,350 12,350
Julian Horn-Smith 781,337 622,928
Ken Hydon 1,217,314 1,093,295
31 March 2001 1 April 2000
or date of
appointment
Paul Hazen 422,450 161,550
Josef Ackermann Nil Nil
Michael Boskin 212,500 212,500
Alec Broers 5,000 Nil
Penny Hughes 22,500 Nil
Arun Sarin 5,408,416 3,407,350
David Scholey 50,000 50,000
Jürgen Schrempp Nil Nil
Henning Schulte-Noelle Nil Nil
Interests in
Ordinary Shares
Chris Gent 1,136
Peter Bamford 1,260
Interests in
Ordinary Shares
Julian Horn-Smith 1,260
Ken Hydon 1,260
There have been no changes in the interests of the directors of Vodafone Group Plc in the ordinary shares of the Company during the period
1 April to 29 May 2001, except that Julian Horn-Smith and Ken Hydon acquired one share each through Vodafone Group Personal Equity Plans
and the following directors acquired interests in shares of the Company under the Vodafone Group Profit Sharing Scheme, as follows:
Beneficial in terests
The directors have the following interests, all of which are beneficial, in the ordinary shares of Vodafone Group Plc:
Details of the options exercised by directors of the Company in the year to 31 March 2001 are as follows:
Options exercised Market price Gross
during the Option at date of pre-tax
year price exercise gain
Number Pence Pence £000
Chris Gent 500,000 58.7 289.75 1,155
80,000 58.7 217.00 127
110,000 58.7 205.00 161
532,000 48.3 321.00 1,451
9,270 37.2 300.00 24
––––––––– –––––––––
1,231,270 2,918
––––––––– –––––––––
Peter Bamford 725,000 58.7 316.50 1,869
51,000 58.7 309.00 128
––––––––– –––––––––
776,000 1,997
––––––––– –––––––––
Julian Horn-Smith 35,000 39.7 295.30 89
110,500 46.7 295.30 275
––––––––– –––––––––
145,500 364
––––––––– –––––––––
Ken Hydon 9,270 37.2 271.50 22
––––––––– –––––––––
Paul Hazen (1) 250,000 37.8 256.83 548
123,050 23.2 256.83 287
25,000 45.5 256.83 53
25,000 45.9 256.83 53
25,000 56.7 256.83 50
25,000 104.3 256.83 38
––––––––– –––––––––
473,050 1,029
––––––––– –––––––––
Note
1. The stock options exercised by Paul Hazen were in respect of American Depositary Shares, each representing ten ordinary shares of the Company, which are traded on the New York Stock Exchange.The
number, option price and market price have been converted into the equivalent amounts for the Company’s ordinary shares, and have been translated at the average exchange rate for the year of $1.48 : £1.
The aggregate gross pre-tax gain made on the exercise of share options in the year by the above Company’s directors was £6,330,000
(2000 – £93,910,000). The closing middle market price of Vodafone Group Plc’s shares at the year end was 193p, its highest closing price
in the year having been 355.5p and its lowest closing price having been 182p.