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34Ambrian Capital plc<strong>Annual</strong> <strong>Report</strong> & Accounts <strong>2009</strong>Notes <strong>for</strong>ming part of the consolidated financial statements (continued)<strong>for</strong> the year ended 31 December <strong>2009</strong>21 Share options (continued)Exercise pricein pence<strong>2009</strong>Number ofoptions<strong>2009</strong>Exercise pricein pence2008Number ofoptions2008Outstanding at 1 January 10.0 12,016,407 10.0 3,993,580Exercised during the year 10.0 (1,400,570) 10.0 (205,552)Forfeited during the year 10.0 (1,589,779) 10.0 (2,336,628)Granted during the year 10.0 1,554,000 10.0 10,565,007Outstanding at 31 December 10.0 10,585,058 10.0 12,016,407Exercisable at 31 December 10.0 3,908,471 10.0 1,178,020The share-based payment charge relating to the share options granted to the EBT amounted to £902,435 (2008: £1,127,194). The charge relatingto 2008 has been treated as a prior year adjustment and is included in administrative costs.The estimated fair values of options which fall under IFRS 2, and the inputs used in the Binomial model to calculate those fair values, areas follows:Date of grantEstimatedfair valuepenceShare pricepenceExercise pricepenceExpectedvolatility(%)Expected Life(years)Vesting period(years)Risk free rate(%)Expecteddividends(%)29.05.06 35 51 10 35.42 3 1 4.62 5.0029.05.06 35 51 10 35.42 3 2 4.62 5.0029.05.06 35 51 10 35.42 3 3 4.62 5.0031.05.06 36 51 10 35.42 3 1 4.67 5.0031.05.06 36 51 10 35.42 3 2 4.67 5.0031.05.06 36 51 10 35.42 3 3 4.67 5.0013.11.06 38 53 10 28.78 3 1 4.89 5.0013.11.06 38 53 10 28.78 3 2 4.89 5.0013.11.06 38 53 10 28.78 3 3 4.89 5.0031.01.07 36 51 10 27.47 3 1 5.29 5.0031.01.07 36 51 10 27.47 3 2 5.29 5.0031.01.07 36 51 10 27.47 3 3 5.29 5.0023.05.07 59 78 10 28.28 3 1 5.54 5.0023.05.07 59 78 10 28.28 3 2 5.54 5.0023.05.07 59 78 10 28.28 3 3 5.54 5.0018.01.08 34 50 10 29.67 3 1 4.22 5.0018.01.08 34 50 10 29.67 3 2 4.22 5.0018.01.08 34 50 10 29.67 3 3 4.22 5.0003.04.08 23 37 10 30.05 3 1 3.95 5.0003.04.08 23 37 10 30.05 3 2 3.95 5.0003.04.08 23 37 10 30.05 3 3 3.95 5.0003.04.08 24 37 10 30.05 3 1 3.95 5.0003.04.08 24 37 10 30.05 3 2 3.95 5.0003.04.08 24 37 10 30.05 3 3 3.95 5.0007.04.08 22 38 10 30.08 4 2 4.15 5.0007.04.08 22 38 10 30.08 4 2 4.15 5.0007.04.08 22 38 10 30.08 4 3 4.15 5.0007.04.08 22 38 10 30.08 4 3 4.15 5.0007.04.08 22 38 10 30.08 4 4 4.15 5.0007.04.08 22 38 10 30.08 4 4 4.15 5.0023.07.08 14 25 10 31.42 2 0 5.05 5.0023.07.08 14 25 10 31.42 2 1 5.05 5.0023.07.08 14 25 10 31.42 2 2 5.05 5.0010.11.08 7 17 10 31.89 2 0 3.14 5.0010.11.08 7 17 10 31.89 2 1 3.14 5.0010.11.08 7 17 10 31.89 2 2 3.14 5.0010.11.08 6 17 10 31.89 3 1 3.14 5.0010.11.08 6 17 10 31.89 3 2 3.14 5.0010.11.08 6 17 10 31.89 3 3 3.14 5.00

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