Part 1 - Unaudited information
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.
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
shares as at
29 March
2008 |
Ordinary
shares as at
28 March
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.