Marks and Spencer 2009 Annual Report Download - page 72

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68 Marks and Spencer Group plc Annual report and financial statements 2009 Directors’ report
Directors’ interests
What are the directors’ interests in the Company?
The beneficial interests of the directors and connected persons in the shares of the Company are shown below. Options granted under the
SAYE scheme and the Executive Share Options Scheme and shares awarded under the Performance Share Plan and Deferred Share Bonus
Plan are shown in Part 2 of this report. Further information regarding employee share option schemes is given in note 12 to the financial
statements on page 95 of the Annual Report.
There have been no changes in the directors’ interests in shares or options granted by the Company and its subsidiaries between the
end of the financial year and 5 May 2009, one month prior to the Notice of the Annual General Meeting. No director had an interest in any
of the Company’s subsidiaries at the beginning or end of the year.
Ordinary Ordinary
shares as at shares as at
29 March 28 March
2008 2009
Sir Stuart Rose 750,416 1,224,284
Sir David Michels 28,750 113,984
Kate Bostock 71,086 140,039
Ian Dyson 100,000 237,906
Steven Sharp 83,643 238,210
Jeremy Darroch 2,000 2,000
Martha Lane Fox 15,000 20,100
Steven Holliday 2,500 2,500
Louise Patten 8,000 8,000
Jan du Plessis –20,000
What is the shareholding policy for executive directors?
From 1 June 2002, the Committee agreed that all executive directors are required to hold a minimum percentage of their salary (200% for
the Executive Chairman and 100% for all other executive directors) within a five-year period from the date of their appointment. The relevant
salary is at date of appointment and the share market value is measured at the current date. All executive directors currently have met, or are
on target to meet, their required shareholding.
Total shareholder return
The graph illustrates the performance of the Company against the FTSE 100 over the past five years. The FTSE 100 has been chosen as
it is a recognised broad equity market index of which the Company has been a member throughout the period.
Remuneration report
continued
Total shareholder return Source: Thomson Financial
The above graph looks at the value, at 28 March 2009, of £100 invested in Marks & Spencer Group plc on 3 April 2004 compared with the value of £100 invested
in the FTSE 100 Index over the same period. The other points plotted are the values at the intervening financial period-ends.
300
280
260
240
220
3 April
2004
2 April
2005
1 April
2006
31 March
2007
29 March
2008
28 March
2009
200
180
160
140
120
100
80
60
40
20
Marks & Spencer Group plc
0
FTSE 100 Index