Vodafone 2007 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2007 Vodafone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 164

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

86 Vodafone Group Plc Annual Report 2007
Board’s Report to Shareholders on Directors’ Remuneration
continued
Further details of options outstanding at 31 March 2007 are as follows:
Exercisable Market price Exercisable Option price
greater than option price(1) greater than) market price(1) Not yet exercisable
Weighted Weighted Weighted
average average average
Options exercise Latest Options exercise Latest Options exercise Earliest date
held price expiry held price expiry held price from which
Number Pence date Number Pence date Number Pence exercisable
Arun Sarin 7,379,454 119.3 July 2013 – – – 20,902,175 124.7 July 2007
Vittorio Colao – – – – – – 3,472,975 135.5 Nov 2009
Andy Halford 327,777 110.8 July 2013 344,800 214.6 July 2011 5,095,409 125.9 July 2007
Thomas Geitner 7,157,573 106.0 Dec 2007 4,383,797 193.0 Dec 2007 – – –
Sir Julian Horn-Smith 9,451,790 109.8 July 2007 4,284,912 194.0 July 2007 – – –
24,316,594 9,013,509 29,470,559
Note:
(1) Market price is the closing middle market price of the Company’s ordinary shares at 31 March 2007 of 135.50p.
The Company’s register of directors’ interests (which is open to inspection) contains full details of directors’ shareholdings and options to subscribe. These
options by exercise price were:
Options Options Options Options
held at granted exercised lapsed
1 April 2006 during the during the during the Options
Option or date of 2007 financial 2007 financial 2007 financial held at
price appointment year year year 31 March 2007
Pence Number Number Number Number Number
Vodafone Group Plc Executive Share Option Scheme (Approved – 1988) 255.00 233,500 – – – 233,500
Vodafone Group 1998 Company Share Option Scheme (Approved) 282.30 631,700 – – – 631,700
Vodafone Group 1998 Sharesave Scheme 70.92 23,336 – 19,511 3,825 –
91.64 – 10,202 – – 10,202
95.30 16,710 – – – 16,710
108.84 8,705 – – 8,705 –
Vodafone Group Plc 1999 Long Term Stock Incentive Plan 90.00 94,444 – – – 94,444
Vodafone Group Plc Global Incentive Plan 97.00 9,260,683 – 1,753,505 – 7,507,178
115.25 – 15,149,353 496,450 55,162 14,597,741
119.00 14,189,604 – 1,072,048 4,239,735 8,877,821
119.25 15,640,457 – 3,937,670 – 11,702,787
135.50 – 3,472,975 – – 3,472,975
145.25 13,920,682 – 555,538 4,150,810 9,214,334
151.56 1,015,400 – – – 1,015,400
157.50 9,519,551 – – 6,006,839 3,512,712
208.78(1) 6,250,000 – – 6,250,000 –
291.50 1,913,158 – – – 1,913,158
72,717,930 18,632,530 7,834,722 20,715,076 62,800,662
Note:
(1) These share options are in respect of American Depositary Shares, each representing ten ordinary shares in the Company, which are traded on the New York Stock Exchange. The number and option
price have been converted into the equivalent amounts for the Company’s ordinary shares, with the option price being translated at the 31 March 2007 exchange rate of $1.9685:£1.