Vodafone 2007 Annual Report Download - page 89

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Vodafone Group Plc Annual Report 2007 87
Beneficial interests
The directors’ beneficial interests in the ordinary shares of the Company, which includes interests in the Vodafone Share Incentive Plan, but which excludes
interests in the Vodafone Group share option schemes, and the Vodafone Group short term or long term incentives, are shown below:
1 April 2006 or date of
6 April 2007 31 March 2007 appointment
Sir John Bond 207,620 207,620 134,423
Dr John Buchanan 191,913 191,913(4) 208,124
Arun Sarin(1) 5,994,854 5,994,854 4,932,560
Vittorio Colao(2) –––
Andy Halford 350,632 350,632 107,895
Dr Michael Boskin 10,000 10,000 212,500
Lord Broers 18,887 18,887(4) 20,483
Anne Lauvergeon 27,125 27,125(4) 31,000
Professor Jürgen Schrempp 8,750 8,750(4) 10,000
Luc Vandevelde 17,500 17,500(4) 20,000
Philip Yea 61,250 61,250(4) 70,000
Anthony Watson(3) 100,000 100,000 –
Nick Land(3) 25,000 25,000 –
Alan Jebson(3) 75,000 75,000 –
Notes:
(1) Arun Sarin also has a non-beneficial interest as the trustee of two family trusts, each holding 5,005 shares.
(2) Vittorio Colao was appointed to the Board on 9 October 2006.
(3) Non-executive directors appointed to the Board as follows: Anthony Watson – 1 May 2006; Alan Jebson – 1 December 2006; and Nick Land – 1 December 2006.
(4) The reduction in holding is solely as a result of the return of capital and share consolidation in July 2006.
There were no changes to the interests of the directors of the Company in the ordinary shares of the Company during the period from 1 April 2007 to
6 April 2007. As at 31 March 2007, and during the period from 1 April 2007 to 6 April 2007, 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 as at 31 March 2007, members of the Group’s Executive Committee, as
at 31 March 2007, had an aggregate beneficial interest in 2,042,154 ordinary shares of the Company. As at 6 April 2007, Executive Committee members at
that date had an aggregate beneficial interest in 2,042,154 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 6 April 2007
At 6 April 2007, there had been no change to the directors’ interests in share options from 31 March 2007.
Other than those individuals included in the table above, at 6 April 2007, members of the Group’s Executive Committee at that date held options for
28,516,664 ordinary shares at prices ranging from 70.92 pence to 293.7 pence per ordinary share, with a weighted average exercise price of 134.04 pence
per ordinary share exercisable at dates ranging from July 2002 to February 2017.
Sir John Bond, John Buchanan, Dr Michael Boskin, Lord Broers, Alan Jebson, Anne Lauvergeon, Nick Land, Professor Jürgen Schrempp, Luc Vandevelde,
Philip Yea and Anthony Watson held no options at 6 April 2007.
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
GovernanceGovernance