Vodafone 2001 Annual Report Download - page 48

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46
Vodafone Group Plc
Annual Report & Accounts
for the year ended
31 March 2001
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS continued
19 Called up sh are cap ital continued
Op tion s
A summary of the options outstanding at 31 March 2001 to subscribe for shares in the Company is provided in the following table.
Weighted Exercisable Exercisable
Total shares/ average shares/ADSs shares/ADS’s
ADS’s under period remaining Weighted at weighted
option to full vesting average 31 March 2001 average exercise
Range of exercise prices (millions) (months) exercise price (millions) price
Ordinary shares:
Vodafone Group Savings Related and
Sharesave Schemes
£0.01 – £1.00 7.6 10 £0.43 – –
£1.01 – £2.00 6.8 17 £1.27 – –
£2.01 – £3.00 12.2 34 £2.21 – –
––––––– –––––––
26.6 –
––––––– –––––––
Vodafone Group Executive Schemes
£0.01 – £1.00 30.4 – £0.54 29.3 £0.54
£1.01 – £2.00 64.9 3 £1.58 1.7 £1.63
£2.01 – £3.00 67.0 25 £2.68 1.2 £2.69
––––––– –––––––
162.3 32.2
––––––– –––––––
Vodafone Group 1999 Long Term
Stock Incentive Plan
£2.01 – £3.00 22.1 27 £2.90 – –
––––––– –––––––
22.1 –
––––––– –––––––
American Depositary Shares:
AirTouch Communications, Inc. 1993 Long Term
Stock Incentive Plan
$0.01 – $10.00 4.8 – $7.06 4.8 $7.06
$10.01 – $20.00 18.1 – $16.31 18.1 $16.31
$20.01 – $30.00 1.1 – $20.04 1.1 $20.04
$30.01 – $40.00 2.3 – $34.45 2.3 $34.45
––––––– –––––––
26.3 26.3
––––––– –––––––
Vodafone Group 1999 Long Term
Stock Incentive Plan
$40.01 – $50.00 28.0 – $41.73 27.7 $41.72
$50.01 – $60.00 0.8 2 $55.58 0.6 $54.63
––––––– –––––––
28.8 28.3
––––––– –––––––
American Depositary Shares, each representing ten Vodafone Group Plc ordinary shares, are listed on the New York Stock Exchange.
Following the merger with AirTouch, some rights to acquire AirTouch Communications, Inc. 1993 Long Term Stock Incentive Plan
options were converted into rights to acquire Vodafone Group Plc shares. No further awards will be granted under this scheme.
The Vodafone Group Savings Related and Sharesave Schemes, Vodafone Group Executive Schemes and Vodafone Group Plc 1999
Long Term Stock Incentive Plan are described in the Board’s Report to Shareholders on Directors’ Remuneration on pages 14 to 22.
A put option has been granted to certain shareholders with an interest of approximately 0.6% in the ordinary share capital of
Mannesmann AG. The Company will issue approximately 175,000,000 ordinary shares to the transferring shareholders in
consideration for their shares in Mannesmann AG.
Put options have been granted to certain shareholders of Airtel Móvil S.A. for up to 8.43% of the current share capital of Airtel Móvil
S.A. If exercised, these options would result in a maximum of 613.8 million Vodafone shares being issued to the transferring
shareholders, although at the Company’s option the consideration may be satisfied in cash. The maximum number of shares that
may be issued as consideration will vary based on movements in the Euro exchange rate.
Details of the Group’s share offer in respect of the acquisition of Eircell are included in note 31 – Subsequent events.