Unilever 2003 Annual Report Download - page 69

Directors’ interests: share capital
The interests in the share capitals of NV and PLC and their group companies of those who were Directors at the beginning and end of
2003 and of their immediate families were as shown in the table below:
Shares held at Shares held at
1 January 2003 31 December 2003(2)
(excluding unvested (excluding unvested
Share type(1) matching shares) matching shares)
A Burgmans NV 30 533 33 275
NV(3) 7 750 7 750
PLC 37 159 54 885
N W A FitzGerald(4) NV 5 510 8 895
PLC 361 951 382 799
A C Butler NV 3 502 4 872
PLC 44 910 53 628
P J Cescau NV 2 403 4 305
PLC 17 471 29 579
K B Dadiseth NV 1 752 3 451
PLC 17 679 32 712
Hindustan Lever Limited 107 490 107 490
A R van Heemstra NV 1 953 3 133
PLC 14 174 21 680
R H P Markham NV 33 430 34 924
PLC 57 689 67 224
C B Strauss NV 12 971 36 015
PLC(5) 30 014 37 290
(1) Except where otherwise stated, NV shares are ordinary €0.51 shares and PLC shares are ordinary 1.4p shares.
(2) The balance of shares held at 31 December 2003 includes PLC shares acquired under the UK Share Incentive Plan (ShareBuy).
(3) Held as preference shares of €0.05.
(4) N W A FitzGerald also holds jointly as a trustee of the Leverhulme Trust and the Leverhulme Trade Charities Trust with no beneficial interest
156 815 034 PLC ordinary shares and 400 shares Margarine Union (1930) Limited, both at 1 January 2003 and 31 December 2003. The
holding of PLC shares represents approximately 5.38% of the ordinary issued share capital of PLC.
(5) Partially held as American Depositary Receipts (ADRs).
The Directors, in common with other employees of PLC and its United Kingdom subsidiaries, had beneficial interests in 43 176 360 PLC
ordinary shares at 1 January 2003 and 47 080 138 PLC ordinary shares at 31 December 2003, acquired by the Unilever Employee Share
Trusts for the purpose of satisfying options under the PLC Executive Option Plans and the UK Employee ShareSave Plan. Further
information, including details of the NV and PLC ordinary shares acquired by certain group companies in connection with other
share option plans, is given in note 29 on page 116.
The voting rights of the Directors who hold interests in the share capitals of NV and PLC are the same as for other holders of the class
of shares indicated. Except as stated above, none of the Directors’ or other executive officers’ shareholdings amounts to more than 1%
of the issued shares in that class of share. Except as stated above, all shareholdings are beneficial.
The only changes in the interests of the Directors and their families in NV and PLC ordinary shares between 31 December 2003 and
28 February 2004 were that:
(i) The holding of the Unilever Employee Share Trust (Jersey) has reduced to 46 697 306 PLC ordinary shares.
(ii) Messrs FitzGerald, Dadiseth and Markham each became interested in a further 23 and 24 PLC shares in January and February due
to monthly ShareBuy purchases.
(iii) Mr FitzGerald acquired 31 PLC shares through dividend reinvestment.
(iv) Mr Cescau purchased 825 NV shares. He also exercised 100 192 PLC (25 048 ADR’s) executive options from which number he
retained 22 712 PLC (5 678 ADR’s) and 45 000 NV NY executive options from which number he retained 12 905 NV NY shares.
(v) Mr Strauss acquired 156 NV NY shares by exercising options under the North American Employee Stock Purchase Plan. He also
exercised 30 000 NV NY executive options, from which number he retained 12 800 NV NY shares.
(vi) Mr van Heemstra acquired 50 000 PLC shares and 7 500 NV shares by exercising executive options, all of which were
immediately sold.
Remuneration report – detailed information
66 Unilever Annual Report & Accounts and Form 20-F 2003