Vodafone 2006 Annual Report Download - page 71

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Vodafone Group Plc Annual Report 2006 69
Beneficial interests
The directors’ beneficial interests in the ordinary shares of the Company, which includes interests in the Vodafone Group Profit Sharing Scheme and the Vodafone Share Incentive
Plan, but which excludes interests in the Vodafone Group Share Option Schemes, the Vodafone Group Short Term Incentive or in the Vodafone Group Long Term Incentives, are
shown below:
1 April 2005 or date
26 May 2006 31 March 2006 of appointment
Lord MacLaurin 92,495 92,495 92,495
Paul Hazen 360,900 360,900 360,900
Arun Sarin(1) 4,932,560 4,932,560 4,832,560
Thomas Geitner 451,556 451,556 417,700
Andy Halford(2) 108,293 107,895 91,336
Sir Julian Horn-Smith 1,829,385 1,828,987 1,818,257
Sir John Bond 134,423 134,423 34,423
Dr Michael Boskin 212,500 212,500 212,500
Lord Broers 20,483 20,483 19,819
John Buchanan 208,124 208,124 104,318
Penny Hughes 22,500 22,500 22,500
Anne Lauvergeon(3) 31,000 31,000 –
Professor Jürgen Schrempp 10,000 10,000 10,000
Luc Vandevelde 20,000 20,000 20,000
Philip Yea(3) 70,000 70,000 –
Notes:
(1) Arun Sarin also has a non-beneficial interest as the trustee of two family trusts, each holding 5,720 shares.
(2) Andy Halford was appointed to the Board on 26 July 2005.
(3) Non-executive directors appointed to the Board as follows: Anne Lauvergeon: 1 November 2005, Philip Yea: 1 September 2005.
Changes to the interests of the directors of the Company in the ordinary shares of the Company during the period from 1 April 2006 to 26 May 2006 relate to shares acquired either
through Vodafone Group Personal Equity Plans or the Vodafone Share Incentive Plan. As at 31 March 2006, and during the period from 1 April 2006 to 26 May 2006, no director had
any interest in the shares of any subsidiary company.
Other than those individuals included in the table above who were Board members at 31 March 2006, members of the Group’s Executive Committee, as at 31 March 2006, had an
aggregate beneficial interest in 2,078,326 ordinary shares of the Company. At 26 May 2006, Executive Committee members at that date had an aggregate beneficial interest in
2,079,522 ordinary shares of the Company, none of whom had an individual beneficial interest amounting to greater than 1% of the Company’s ordinary shares.
Interests in share options of the Company at 26 May 2006
At 26 May 2006, there had been no change to the directors’ interests in share options from 31 March 2006.
Other than those individuals included in the table above, at 26 May 2006, members of the Group’s Executive Committee at that date held options for 34,714,916 ordinary shares at
prices ranging from 48.3 pence to 293.7 pence per ordinary share, with a weighted average exercise price of 141.60 pence per ordinary share exercisable at dates ranging from July
1999 to July 2015, and options for 172,669 ADSs at prices ranging from $13.65 to $45.3359 per ADS, with a weighted average exercise price of $26.6056 per ADS, exercisable at
dates ranging from July 2001 to July 2013.
Lord MacLaurin, Paul Hazen, Sir John Bond, Dr Michael Boskin, Lord Broers, John Buchanan, Penny Hughes, Anne Lauvergeon, Professor Jürgen Schrempp, Luc Vandevelde and
Philip Yea held no options at 26 May 2006.
Directors’ interests in contracts
None of the current directors had a material interest in any contract of significance to which the Company or any of its subsidiary undertakings was a party during the financial year.
Luc Vandevelde
On behalf of the Board
Governance