Tesco 1999 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 1999 Tesco 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 44

  • 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

TESCO PLC ANNUAL REPORT 1999 15
Table 4 Share options held by directors and not exercised at 27 February 1999
Executive share options schemes (1984),(1994)and (1996)Number of shares at exercise price (pence)
72.3 (a) 72.3 (b) 70.0 (b) 81.0 (b) 77.3 (b) 90.3 104.0 98.3 Sub-total
Mr T P Leahy 62,211 51,150 417,144 471,372 – 398,523 248,256 523,728 2,172,384
Mr D E Reid – 11,058 11,427 – – 194,835 557,712 223,728 998,760
Mr R S Ager – 51,153 75,714 – 106,833 – – 250,170 483,870
Mr P A Clarke –––––––165,504 165,504
Mr J Gildersleeve –––––––122,034 122,034
Mr A T Higginson –––––––– –
Mrs L James ––––42,813 – – 113,646 156,459
Mr T J R Mason –––––––284,745 284,745
Mr D T Potts –––––––97,581 97,581
Mr J M Wemms – – 87,141–––566,603 275,643 929,387
Date exercisable (d) 29 October 1995 27 May 1996 10 June 1997 12 August 1997 29 September 1997 27 April 1998 13 October 1998 3 July 1999
Sub-total b/f 117.7 151.7 160.3 176.7(c) 164.0(c) 178.0(c) Total
Mr T P Leahy 2,172,384 – 120,660 – – 126,832 – 2,419,876
Mr D E Reid 998,760 – 601,305 – – 90,245 – 1,690,310
Mr R S Ager 483,870 94,335 299,904 – 89,433 26,831 149,171 1,143,544
Mr P A Clarke 165,504 – 76,281 – 17,718 29,946 146,991 436,440
Mr J Gildersleeve 122,034 – 504,999 – 150,564 56,100 364,092 1,197,789
Mr A T Higginson – – – 411,642 373,584 63,415 – 848,641
Mrs L James 156,459 – 225,150 – – 19,514 113,263 514,386
Mr T J R Mason 284,745 – 198,669 – 149,076 63,415 255,796 951,701
Mr D T Potts 97,581 – 119,238 – – 38,756 288,730 544,305
Mr J M Wemms 929,387 50,994 154,944 34,731 65,658 – – 1,235,714
Date exercisable (d) 17 April 2000 7 October 2000 17 November 2000 21 May 2001 30 September 2001 28 January 2002
a) The options may be exercised at 61.7p as targets related to growth in earnings per share have been achieved in accordance
with ABI guidelines.
b) The 72.3p, 70.0p, 81.0p and 77.3p options may be exercised at 61.7p, 59.7p, 69.0p and 66.0p respectively, provided targets
related to growth in earnings per share are achieved in accordance with ABI guidelines. If the targets are not met, the option
holders retain the right to exercise the options at the higher price.
c) Options granted in the year.
d) Date of expiry is seven years from date exercisable, with the exception of the 98.3p, 117.7p, 151.7p and 160.3p options which
expire four years from date exercisable.