Marks and Spencer 2007 Annual Report Download - page 75

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1122 SSHHAARREE--BBAASSEEDD PPAAYYMMEENNTTSS continued
The resulting fair value is expensed over the expected service period of five years on the assumption that 30% of options will lapse
over the service period as employees leave the Company.
Outstanding options granted under all executive share option schemes are as follows:
Weighted average remaining
Number of options contractual life (years) Option
Options granted 2
20000772006 220000772006 price
((11998844 SScchheemmee))
May 1996 –
–13,100 ––0.1 445588pp
June 1997 5
5,,6699225,692 00..221.2 552277pp
(
(11999977 SScchheemmee))
June 1998 2
24477,,777788486,551 11..222.2 555577pp
November 1998 7
7,,4422557,425 11..662.6 440044pp
June 1999 1
12277,,552211217,279 22..223.2 335588pp
(
(22000000 SScchheemmee))
September 2000 3
3,,4444556,945 33..444.4 221155pp
June 2001 1
19966,,330033358,488 44..225.2 225566pp
December 2001 7
744,,116611110,170 44..775.7 335500pp
(
(22000022 SScchheemmee))
June 2002 7
76600,,3399441,500,272 55..226.2 335500pp
November 2002 6
666,,998800102,905 55..666.6 335533pp
January 2003 –
–32,738 ––6.8 229977pp
June 2003 1
1,,997755,,4466115,355,784 66..227.2 2
29977pp
November 2003 7
777,,007788522,773 66..667.6 227700pp
January 2004 –
–96,884 ––7.8 228899pp
February 2004 3
333,,11111185,185 66..887.8 227700pp
July 2004 6
6,,223366,,4499776,950,820 77..338.3 334477pp
November 2004 8
86688,,559999868,599 77..668.6 333377pp
June 2005 1
1,,333366,,6677221,413,856 88..229.2 335522pp
1122,,001177,,11117718,135,466 66..887.5 333355pp
wwwwww..mmaarrkkssaannddssppeenncceerr..ccoomm//aannnnuuaallrreeppoorrtt22000077MARKS AND SPENCER GROUP PLC 7733
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