annual report 2012 - Pumpkin Patch investor relations

general disclosuresDirectors’ RemunerationIn November 2011, the Directors elected to reduce base Director fees by 33% inresponse to the difficult trading conditions and the overall financial performance of theCompany. Remuneration of the Directors of the company and other benefits received,or due and receivable during the financial year was as follows:$000 $000Non Executive Directors 2012 2011Jane Freeman (1) 113 128Rod Duke (2) 8 -Brent Impey 58 75David Jackson (3) 68 85Maurice Prendergast (4) 935 629Peter Schuyt (5) - -Sally Synnott 58 75Greg Muir (6) - 43(1)Includes fees for holding the position of Chair of the Board of Directors and Chair of the Remunerationand Nominations Committee during 2012.(2)Rod Duke was appointed as a Director on 1 June 2012.(3)Includes fees for holding the position of Chair of the Audit and Risk Committee.(4)Includes salary and other benefits received while Chief Executive Officer, payments to extinguishall employment contract obligations upon resigning from his executive role in December 2011 andbase Director fees since that time.(5)Peter Schuyt was appointed as a Director in August 2012 and did not receive any remunerationduring financial year to 31 July 2012.(6)Greg Muir ceased being a Director in November 2010 and did not receive any fees from that date.Directors shareholdings31 July 2012 31 July 2011Jane FreemanBeneficially or directly owned 11,284 11,284Rod DukeBeneficially or directly owned 16,674,086 16,674,086Brent ImpeyBeneficially or directly owned 4,000 4,000David JacksonBeneficially or directly owned 50,000 50,000Maurice PrendergastBeneficially or jointly owned 11,070,000 11,070,000Employee Share Entitlements (1) - 565,000Not beneficially owned (2) 1,186,569 722,940Peter SchuytBeneficially or directly owned - -Sally SynnottBeneficially or directly owned 9,506,800 9,506,800Not beneficially owned (2) 1,186,569 722,940(1)All rights to Share Options, Partly Paid shares and Long Term Incentive Shares previously heldby Maurice Prendergast were forfeited following his resignation as Chief Executive Officer inDecember 2011.(2)Maurice Prendergast and Sally Synnott are Directors and shareholders of Pumpkin Patch NomineesLimited which acts as Trustee for various employee share ownership plans.Share Dealings by DirectorsThe Board has received disclosures from the Directors named below of changes inrelevant interests in the Company during the period 1 August 2011 and 31 July 2012.Particulars of such disclosures are:- 19 December 2011: 110,000 2007 share options, 375,000 Redeemable OrdinaryShares (Partly Paid Shares) and 80,000 Ordinary Shares (issued under the 2010 LTIshare scheme) were forfeited by Maurice Prendergast following his resignation asChief Executive Officer of the Company;- 8 June 2012: Initial disclosure of Rod Duke’s beneficial shareholding of 16,674,086shares in the company.33