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35
AER LINGUS GROUP PLC - ANNUAL REPORT 2008
Table 2.2 Pension entitlements
Increase in Transfer value Total
accrued benefit of increase accumulated
during 2008 accrued benefit
at year end
€’000 €’000 €’000
Executive Directors
Greg O’Sullivan 26 165 134
Dermot Mannion 9 74 66
In the year ended 31 December 2008, the Company paid contributions of €24,542 to a pension scheme on behalf of Mr Sean Coyle.
Table 2.3 Interest of Directors in office at 31 December 2008 in the shares of the Group
31 December 2008 1 January 2008*
Number of shares Number of shares
Colm Barrington (Chairman) - -
Dermot Mannion(1) (2) 18,988 18,988
David Begg 500 -
Sean Coyle (3) - -
Thomas Corcoran 8,800 -
Ivor Fitzpatrick 14,317 14,317
Danuta Gray 23,863 23,863
Francis Hackett 9,544 9,544
Colin Hunt 5,000 -
Michael Johns 4,772 4,772
Anne Mills 8,942 8,942
Thomas Moran 20,000 -
Chris Wall 4,772 4,772
There was no change in the Directors’ interests in the period between 31 December 2008 and 27 April 2009.
* Or date of appointment if later
(1) Includes notional allocation of shares under the ESOP (9,063).
(2) During the year ended 31 December 2008, Mr Dermot Mannion was granted conditional awards of 325,370 shares under the
LTIP in respect of the vesting period 1 January 2008 to 31 December 2010, resulting in total holdings of conditional awards under
the LTIP of 571,726 shares. Any vesting of these shares is subject to the achievement of the performance targets outlined in the
LTIP and the rules of the LTIP.
(3) During the year ended 31 December 2008, the Remuneration Committee recommended that an award of 152,709 Aer Lingus
shares be made to Mr Sean Coyle under the 2008 LTIP in respect of the performance periods ending 31 December 2010. Any
vesting of this award is subject to the rules of the LTIP and the achievement of the performance targets outlined in the LTIP and
the rules of the LTIP. This award was granted on 17 April 2009.