12.07.2015 Views

BROADENING OUR HORIZONS - Arrium

BROADENING OUR HORIZONS - Arrium

BROADENING OUR HORIZONS - Arrium

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

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

OneSteel Annual Report 201130. Key management personnel disclosures (continued)Loans to key management personnelThere were no loans made to or outstanding from key management personnel during the current or prior year.112Other transactions and balances with key management personnelKey management personnel of OneSteel Limited and its related parties or their related entities, conduct transactions with entities withinthe OneSteel Group that occur within a normal employee, customer or supplier relationship on terms and conditions no more favourablethan those with which it is reasonable to expect the entity would have adopted if dealing with the key management personnel or theirrelated entity at an arm’s length in similar circumstances. These transactions include the following and have been quantified below wherethe transactions are considered to be of interest to users of these financial statements.(b) Option holdings of key management personnelHeld at1 July 2010Granted asremunerationOptionsexercisedNet changeotherHeld at30 June 2011Vested andexercisable at30 June 20112011 Number Number Number Number Number NumberDirectorsG J Plummer 90,000 — (90,000) — — —ExecutivesS H Hamer 18,000 — (18,000) — — —Total 108,000 — (108,000) — — —Held at1 July 2009Granted asremunerationOptionsexercisedNet changeotherHeld at30 June 2010Vested andexercisable at30 June 20102010 Number Number Number Number Number NumberDirectorsG J Plummer 90,000 — — — 90,000 90,000ExecutivesS H Hamer 18,000 — — — 18,000 18,000M R Parry 45 — (45) — — —Total 108,045 — (45) — 108,000 108,000(c) Shareholdings of key management personnel 2Held at1 July 2010Granted asremuneration 1On exerciseof optionsNet changeotherHeld at30 June 20112011 Number Number Number Number NumberDirectorsR B Davis 68,995 — — 20,000 88,995C R Galbraith, AM 156,056 — — — 156,056P G Nankervis 56,890 — — — 56,890D A Pritchard 143,921 — — — 143,921G J Plummer 2,722,546 871,322 90,000 — 3,683,868P J Smedley 410,455 — — — 410,455G J Smorgon 15,107 — — — 15,107R Warnock — — — 10,244 10,244ExecutivesR C Bakewell — 103,196 — — 103,196S H Hamer 194,549 103,196 18,000 — 315,745M R Parry 269,643 103,196 — (111,500) 261,339A G Roberts 236,271 103,196 — — 339,467L J Selleck 601,792 85,997 — (115,465) 572,324G A Waters 128,198 103,196 — 141 231,535D Taylor 31,023 — — — 31,023Total 5,035,446 1,473,299 108,000 (196,580) 6,420,165

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

Saved successfully!

Ooh no, something went wrong!