7817 Annual Report 2009.qxd - Shire

60 Shire plc Annual Report and Accounts 2009Directors’ remuneration reportThe following PSA Awards under Part B of the Portfolio Share Plan were outstanding, awarded, lapsed or released during 2009:Number of ADSs*Market priceAt At at the dateDirectorJanuary December of the award Vesting1, 2009 Granted Lapsed Released 31, 2009 $ dateMatthew Emmens 92,671 (3) — 927 91,744 — 49.36 08.17.0970,380 — — — 70,380 64.10 02.27.1026,345 — — — 26,345 58.51 03.28.11*One ADS is equal to three Ordinary Shares.189,396 — 927 91,744 96,725Number of Ordinary SharesMarket priceAt At at the dateDirectorJanuary December of the award Vesting1, 2009 Granted Lapsed Released 31, 2009 £ dateAngus Russell 96,406 (3) — 965 95,441 — 8.645 08.17.0980,000 — — — 80,000 10.99 02.27.1060,000 — — — 60,000 9.97 02.22.1196,410 — — — 96,410 8.13 06.18.11— 221,685 — — 221,685 8.83 02.20.12332,816 221,685 965 95,441 458,095Graham Hetherington 75,000 — — — 75,000 8.675 08.01.11— 75,000 — — 75,000 8.83 02.20.1275,000 75,000 — — 150,000Details of the PSA Awards released during the year are as follows:Number of ADSs*Mid-market Gains onprice at exerciseDirectorNumber Dividend Total vesting date 2009released factor released $ $’000Matthew Emmens 91,744 1,463 93,207 50.28 4,686 (4)*One ADS is equal to three Ordinary Shares.Number of Ordinary SharesMid-market Gains onprice at exerciseDirectorNumber Dividend Total vesting date 2009released factor released £ £’000Angus Russell 95,441 1,522 96,963 10.19 988 (4)(1) The awards were subject to performance criteria as set out in the non-audited section of this report and Note 32 to the consolidated financial statements.(2) In accordance with the plan rules, the vested PSA Awards have been increased to reflect the dividends paid by the Group in the period from the date of grant to the vesting date.(3) The percentage of the awards that vested, based on the performance criteria, was 99%.(4) The gain has been calculated using the mid-market closing price on the day the shares were released.The market price of the Ordinary Shares at December 31, 2009 was £12.10 and the range during the year was £7.80 to £12.16. The market price of theADSs at December 31, 2009 was $58.70 and the range during the year was $32.02 to $59.80.