RFG Annual Report 2007 - Retail Food Group

06/07
Annual Report
16
Retail Food Group Annual Report
Share options
Share options granted to directors and executives
During and since the end of the fi nancial year an aggregate 1,696,200
share options were granted to the following directors and executives
of the company and the Group as part of their remuneration:
Directors and
executives
Number
of options
granted
as at
date of
Directors’
Report
Tony Alford 250,000
Gary Alford 230,000
Gary Best 220,000
Nigel Nixon 201,000
Gavin Nixon 181,000
John Cowley 161,000
Robert
Sutherland 174,000
Colin Archer 121,100
Mark Connors 158,000
Issuing entity
Number of
ordinary
shares under
option as
at date of
Directors’
Report
Retail Food
Group Limited 250,000
Retail Food
Group Limited 230,000
Retail Food
Group Limited 220,000
Retail Food
Group Limited 201,000
Retail Food
Group Limited 181,000
Retail Food
Group Limited 161,000
Retail Food
Group Limited 174,000
Retail Food
Group Limited 121,100
Retail Food
Group Limited 158,000
Shares under option or issued on exercise of options
Details of unissued shares or interests under option as at the date of
this report are:
Issuing entity
Number
of shares
under
option
Class of
shares
Exercise
price of
option
Retail Food
Group Limited 1,903,331 Ordinary $1.00
Retail Food
Group Limited
Expiry
date of
options
1 August
2009
605,532 Ordinary $1.15 1 August
2010
The holders of such options do not have the right, by virtue of the
option, to participate in any share issue or interest issue of any other
body corporate or registered scheme.
Indemnification of officers and auditors
During the fi nancial year, the Company paid a premium in respect of
a contract insuring the Directors of the Company (as named above),
the Company Secretary, and all executive offi cers of the Company
and of any related body corporate against a liability incurred as such a
Director, Secretary or executive offi cer to the extent permitted by the
Corporations Act 2001. The contract of insurance prohibits disclosure
of the nature of the liability and the amount of the premium.
The Company has also entered into a Deed Poll indemnifying the
Directors, offi cers and certain other parties in respect of claims that
may be raised against them relative to the operations of the Company,
its former and current subsidiaries.
To the maximum extent permitted by the Corporations Act the Deed
Poll indemnifi es those persons listed (in it) from liabilities incurred as
a consequence of the acts of those persons including the giving of
personal guarantees on behalf of the Company and its former and
current subsidiaries.
The Company has not otherwise, during or since the end of the 2007
fi nancial year, indemnifi ed or agreed to indemnify an offi cer or auditor
of the Company or of any related body corporate against a liability
incurred as such an offi cer or auditor.