Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Notes to the a(counts<br />
23.5hare capital and rhare premium account<br />
Group and Company<br />
<br />
<br />
called-up & fully paid<br />
<br />
Ordinary Shares of 25p each <br />
Ordinarv Shares in issue:<br />
<br />
<br />
At 31 March 1994<br />
Shares issued during the year on:<br />
Elections under the Scrip Dividend Scheme<br />
Subscriptions to the THORN <strong>EMI</strong> Personal Equity Plans<br />
Exercise of options:<br />
Executive Scheme<br />
Savings-Related Schemes<br />
Share issue expenses<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Share optlons<br />
Options to subscribe lor the Company's Ordinary Shares were outstanding as follows:<br />
<br />
<br />
<br />
<br />
<br />
<br />
SavingsRelated<br />
Share Option Schemes<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Option price per share (range)<br />
<br />
<br />
<br />
<br />
<br />
Final exercise datest Aug 1999 Oct 2000<br />
In the year to 31 March <strong>1995</strong> the options granted under the 1984 Executive Share Option<br />
Scheme were 714,800 at 1068p and 483,650 at 1073p, and all the options granted under the 1994<br />
Savings-Related Share Option Scheme were at 834p.<br />
"Adjusted for 1992 Rights Issue.<br />
tOptions granted under the Executive Share Option Scheme are normally exercisable within the<br />
period commencing on the third anniversary and ending no later than on the tenth anniversary<br />
ofthe date ofgrant. Options granted under the Savings-Related Share Option Schemes are<br />
normally exercisable within the period of six months following the frfth anniversary of the entry<br />
into the relevant savings contract.
Change language