Carphone Warehouse 2009 Annual Report Download - page 39

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www.cpwplc.com 35
Directors’ Report –
Governance
Pension Contributions*
The schedule below sets out payments by the Group to dened contribution pension schemes on behalf of Executive
Directors. Roger Taylor has a Self Invested Pension Plan. Under both schemes, a xed proportion of salary is paid by the
Company together with a xed proportion by the Executive Director and both amounts are invested on behalf of the Executive
Director. Pension benets are then funded by the total investment. Levels are reviewed annually against published market data.
None of the Directors was a member of a dened benet pension scheme during the period. Pension entitlements are based
on basic salary only.
2009 2008
Director £000 £000
J Dale – 4
D Goldie(i) 22 55
A Harrison(i) 4 11
R Taylor 19 18
Total 45 88
(i) Up until date of resignation from the Board.
Share Options*
Details of Directors’ interests in options to buy shares in the Company are as follows:
Exercised Lapsed Exercise
At 30 March during the during the At 31 March price per Exercisable Expiry
Director 2008 year year 2009 share £ from date
R Taylor(i) 350,000 – – 350,000 1.00 14/07/2000 01/02/2010
200,000 – – 200,000 1.50 19/05/2002 19/05/2010
200,000 – – 200,000 2.00 19/05/2002 19/05/2010
240,000 – – 240,000 1.25 21/05/2004 21/05/2011
500,000 – – 500,000 0.83 11/06/2005 11/06/2012
444,444 – – 444,444 0.90 06/06/2006 06/06/2013
1,934,444 – – 1,934,444
(i) Executive Directors may only exercise share options (and Performance Shares – see below) provided they remain in employment and hold
a minimum of 200% of salary in shares or unexercised vested share options up until the date of exercise.
(ii) The market price per share was 125.5p as at 31 March 2009. The market price during the year ranged between 85.0p and 299.2p.