Carphone Warehouse 2005 Annual Report Download - page 56

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The Carphone Warehouse Group PLC Annual Report 2005
Notes to the Financial Statements continued
24Share capital
2005 2004 2005 2004
Group and Company million million £’000 £’000
Authorised
Ordinary shares of 0.1p each 1,500 1,500 1,500 1,500
Allotted, called-up and fully paid
Ordinary shares of 0.1p each 877 874 877 874
Movements in share capital in the period arose from the exercise of share options.
Share options
The Group has issued the following options to purchase ordinary shares in the Company:
a) Executive share option schemes
Exercise Number of options outstanding
price per share Exercisable Expiry
Date options granted £ from date 2005 2004
01/04/99 0.25 14/07/00 01/04/09 580,000 950,000
02/04/99 0.80 20/01/01 02/04/09 666,660 666,660
25/07/99 0.25 14/07/00 25/07/09 10,000 10,000
01/04/99 0.50 14/07/00 01/04/09 260,000 540,000
25/07/99 0.50 14/07/00 25/07/09 290,000 319,000
06/10/99 0.50 14/07/00 06/10/09 –200,000
06/10/99 0.50 30/06/01 06/10/09 120,000 120,000
01/02/00 0.80 14/07/00 01/02/10 500,000 500,000
01/02/00 0.80 30/06/02 01/02/10 200,000 200,000
02/04/99 1.00 21/07/02 02/04/09 166,665 166,665
02/04/99 1.00 21/07/03 02/04/09 166,665 166,665
01/02/00 1.00 14/07/00 01/02/10 1,000,000 1,000,000
01/02/00 1.00 30/06/03 01/02/10 200,000 200,000
24/06/00 1.50 24/06/02 24/06/10 4,000,000 4,000,000
19/05/00 1.50 19/05/02 19/05/10 5,760,900 5,992,900
19/05/00 2.00 19/05/02 19/05/10 600,000 600,000
21/05/01 1.25 21/05/04 21/05/11 5,072,043 6,201,391
01/12/01 1.30 01/12/04 01/12/11 430,648 430,648
25/03/02 0.80 25/03/05 25/03/12 1,000,000 1,000,000
11/06/02 0.83 11/06/05 11/06/12 13,661,870 14,860,068
28/11/02 0.86 28/11/05 28/11/12 69,767 126,744
06/06/03 0.90 06/06/06 06/06/13 6,369,999 6,958,221
06/06/03 0.90 06/06/06 06/06/13 (i) 6,369,999 6,958,221
07/11/03 1.35 07/11/06 07/11/13 165,000 165,000
07/11/03 1.35 07/11/06 07/11/13 (i) 165,000 165,000
20/01/04 1.44 20/01/07 20/01/14 (ii) 4,515,010 5,950,000
19/01/05 1.71 19/01/08 19/01/15 (ii) 2,810,000 –
28/07/04 – 28/07/07 28/07/14 (iii)13,935,000 –
28/07/04 – 28/07/08 28/07/15 (iii)13,935,000 –
83,020,226 58,447,183
(i) Options granted since April 2002 are subject to the same performance conditions as described in the Remuneration Report on pages 26 to 31. These options
will only be exercisable in full if the Group’s performance is in the upper quartile for the relevant period.
(ii) Exercises of these options are conditional upon the achievement of performance targets specific to the Distribution business.
(iii) Exercises of these awards are conditional upon the achievement of performance targets in relation to Performance Shares as described in the Remuneration
Report on pages 26 to 31.
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