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Marks and Spencer Group plc Annual report and financial statements 2010 Directors’ report 66
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 24 May 2010. No director had an interest in any of the Company’s subsidiaries at the beginning or end of the year.
Ordinary shares
as at
29 March
2009
or date of
appointment
Ordinary
shares
as at
3 April
2010
Sir Stuart Rose 1,224,284 1,265,873
Sir David Michels 113,984 113,984
Kate Bostock 140,039 165,443
John Dixon 70,405 71,434
Ian Dyson 237,906 286,485
Steven Sharp 238,210 299,538
Jeremy Darroch 2,000 2,000
Martha Lane Fox 20 ,10 0 20,100
Steven Holliday 2,500 2,500
Louise Patten 8,000 8,000
Jan du Plessis 20,000 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 shares equivalent in value to 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 current executive directors currently have met, or are on target to meet, their required shareholding.
Total shareholder return
Performance graph
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 Reuters
The above graph looks at the value, at 3 April 2010, of £100 invested in Marks and Spencer Group plc on 2 April 2005 compared with the value of £100 invested
in the FTSE 100 Index over the same period. The other points plotted are the intervening monthly values.
300
280
260
240
220
2 April
2005
1 April
2006
31 March
2007
28 March
2008
28 March
2009
3 April
2010
200
180
160
140
120
100
80
60
40
20
Marks and Spencer Group plc
0
FTSE 100 Index