Punch Taverns plc 2007 Annual Report and Financial Statements

Notes to the financial statements continued
for the 52 weeks ended 18 August 2007
25 Share-based payments continued
Movements in options and awards under share-based payment schemes
A reconciliation of movements for the DSP, SAYE, DSB, LTIP and SIP schemes over the 52 weeks to 18 August 2007 are shown below:
Discretionary Share Plan
52 weeks to
18 August
2007
No.
52 weeks to
18 August
2007
WAEP 1
52 weeks to
19 August
2006
No.
52 weeks to
19 August
2006
WAEP 1
Outstanding at beginning of period 3,221,888 292 5,592,898 231
Granted during the period – – 214,253 797
Expired during the period (40,887) 652 – –
Exercised during the period (792,506) 279 (2,550,940) 198
Forfeited during the period – – (34,323) 546
Outstanding at end of period 2,388,495 290 3,221,888 292
Exercisable at end of period 2,015,876 218 2,532,518 204
1
Weighted average exercise price (pence).
SAYE Scheme
52 weeks to
18 August
2007
No.
52 weeks to
18 August
2007
WAEP 1
52 weeks to
19 August
2006
No.
52 weeks to
19 August
2006
WAEP 1
Outstanding at beginning of period 123,715 175 283,358 170
Reinstated during the period 8,275 200 – –
Exercised during the period (52,862) 190 (155,624) 167
Expired during the period – – (4,019) 170
Outstanding at end of period 79,128 168 123,715 175
Exercisable at end of period 4,137 200 14,799 166
1
Weighted average exercise price (pence).
Deferred Share Bonus Plan
52 weeks to
18 August
2007
No.
52 weeks to
19 August
2006
No.
Outstanding at beginning of period 136,870 84,927
Granted during the period 58,421 52,623
Removed during the period (11,305) (252)
Expired during the period (1,924) (428)
Forfeited during the period (15,520) –
Released during the period (1,871) –
Outstanding at end of period 164,671 136,870
Long Term Incentive Plan
52 weeks to
18 August
2007
No.
52 weeks to
19 August
2006
No.
Outstanding at beginning of period 1,039,497 613,727
Granted during the period 529,155 428,482
Expired during the period (103,761) (2,712)
Forfeited during the period (117,090) –
Released during the period (381,923) –
Outstanding at end of period 965,878 1,039,497
282
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