28.01.2014 Views

Report on corporate governance and ownership 2011 - Indesit

Report on corporate governance and ownership 2011 - Indesit

Report on corporate governance and ownership 2011 - Indesit

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<br />

<str<strong>on</strong>g>Report</str<strong>on</strong>g> <strong>on</strong> <strong>corporate</strong> <strong>governance</strong> <strong>and</strong> <strong>ownership</strong> at 21 March 2012 <strong>on</strong> <strong>2011</strong> – Annex<br />

Opti<strong>on</strong>s exercised<br />

during <strong>2011</strong><br />

Opti<strong>on</strong>s matured<br />

in <strong>2011</strong><br />

Opti<strong>on</strong>s held<br />

at 31/12/<strong>2011</strong><br />

Opti<strong>on</strong>s held<br />

at 31/12/<strong>2011</strong><br />

Fair value<br />

at date of<br />

allocati<strong>on</strong><br />

(8)<br />

Date<br />

of allocati<strong>on</strong><br />

(9)<br />

Market price<br />

of underlying<br />

shares at date<br />

of exercise<br />

(10)<br />

Number<br />

of opti<strong>on</strong>s<br />

(11)<br />

Exercise<br />

price<br />

(12)<br />

Market price<br />

of underlying<br />

shares at date<br />

of exercise<br />

(13)<br />

Number<br />

of opti<strong>on</strong>s<br />

(14)<br />

Number<br />

of opti<strong>on</strong>s<br />

(15) = (2) + (5)<br />

– (11) – (14)<br />

Fair value<br />

(16)<br />

n/a n/a n/a 0 n.d. n/a 0 30,000 85,917<br />

n/a n/a n/a 0 n.d. n/a 0 35,000 100,237<br />

0 0 65,000 186,154<br />

Payable/<br />

Paid<br />

(A)<br />

346,660.00<br />

459,325.00<br />

B<strong>on</strong>us for year<br />

(2)<br />

Deferred<br />

(B)<br />

Period of<br />

deferral<br />

(C)<br />

No l<strong>on</strong>ger<br />

payable<br />

(A)<br />

B<strong>on</strong>us for previous years<br />

(3)<br />

Payable/<br />

Paid<br />

(B)<br />

Still<br />

deferred<br />

(C)<br />

306,217.00 612,433.00 Average deferral: 3 years 757,782.00 1,515,564.00<br />

Other<br />

b<strong>on</strong>uses<br />

(4)<br />

736,652.50<br />

491,101.67 982,203.33 Average deferral: 3 years 1,416,718.95 2,833,437.91<br />

2,339,956.17 1,594,636.33 2,174,500.95 4,349,001.91<br />

65

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!