Marks and Spencer 2008 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2008 Marks and Spencer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

2 Directors’ interests in long-term incentive schemes continued
Directors’ Share Option Schemes Maximum
options
receivable at Options Maximum
31 March Options exercised/ options
2007 or granted lapsed receivable Option
Date of date of during during at 29 March price Option
grant appointment the year the year 2008 (p) period
Chief Executive
Sir Stuart Rose
Executive Share Option Scheme120/07/04 979,825 – – 979,825 347.0 20/07/07–19/07/14
SAYE 25/11/05 4,613 – – 4,613 349.0 01/01/11–30/06/11
Total 984,438 – – 984,438
Executive directors
Kate Bostock
Executive Share Option Scheme124/11/04 249,627 – – 249,627 336.5 24/11/07–23/11/14
SAYE 25/11/05 2,679 – – 2,679 349.0 01/01/09–30/06/09
Total 252,306 – – 252,306
Ian Dyson
SAYE 25/11/05 4,613 – – 4,613 349.0 01/01/11–30/06/11
Total 4,613 – – 4,613
Steven Esom
SAYE 23/11/07 1,856 – – 1,856 517.0 01/01/11–30/06/11
Total 1,856 – – 1,856
Steven Sharp
Executive Share Option Scheme120/07/04 302,593 – – 302,593 347.0 20/07/07–19/07/14
24/11/04 104,010 – – 104,010 336.5 24/11/07–23/11/14
SAYE 25/11/05 2,679 – – 2,679 349.0 01/01/09–30/06/09
Total 409,282 – – 409,282
1 The Executive Share Options have all been held for three years and can be exercised under the scheme rules; the option price is below the market value on 29 March 2008 for all
options; the performance criteria attached to the Executive Share Options Scheme is described on page 50.
There have been no exercises or lapses for any of the above schemes during this financial year.
The market price of the shares at the end of the financial year was 396.25p; the highest and lowest share prices during the financial year were 749.0p and 356.25p respectively.
For both the Directors’ interests in long-term incentive schemes tables, the explanation of the performance criteria attached to the Performance Share Plan and the Executive
Share Option Scheme on page 50 have been audited.
Approved by the Board
Louise Patten, Chairman of the Remuneration Committee
London
19 May 2008
marksandspencer.com/annualreport08 MARKS AND SPENCER GROUP PLC 55
About us
Key performance
indicators Business review Financial review Financial statements
Shareholder
informationGovernance