RBS 2003 Annual Report Download - page 134

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Directors’ interests in shares
Directors’ interests in shares
Ordinary shares
The following directors held a beneficial interest in the company’s ordinary shares:
31 December 1 January 2003 or date 31 December 1 January 2003 or date
2003 of appointment if later 2003 of appointment if later
Colin Buchan 5,000 — Gordon Pell 582 432
Lawrence Fish 11,120 11,120 Iain Robertson 125,139 120,904
Fred Goodwin 64,718 64,703 Bob Scott 1,445 1,445
Eileen Mackay 6,140 6,086 Sir Iain Vallance 2,500 2,500
Sir George Mathewson 247,978 247,948 Fred Watt 7,453 7,223
Norman McLuskie 154,508 150,037
Preference shares
Mr Fish held 20,000 non-cumulative preference shares of
US$0.01 each at 31 December 2003 (2002 – 20,000). No other
director had an interest in the preference shares during the year.
Loan notes
No director had an interest in loan notes during the year.
The company’s Register of Directors’ Interests, which is open
to inspection, contains full details of directors’ shareholdings
and options to subscribe.
On 7 January 2004 and 9 February 2004, eight and seven
ordinary shares of 25p each, respectively, were acquired by Mr
Goodwin under the Group’s Buy As You Earn share scheme.
On 7 January 2004 and 9 February 2004, eight and seven
ordinary shares of 25p each, respectively, were acquired by Mr
McLuskie under the Group’s Buy As You Earn share scheme.
No director held a non-beneficial interest in the shares of the
company at 31 December 2003, at 1 January 2003 or date of
appointment if later.
No other director had an interest in the company’s ordinary shares during the year.
Additional Value shares
The following directors held a beneficial interest in the company’s Additional Value Shares:
31 December 1 January 2003 or date 31 December 1 January 2003 or date
2003 of appointment if later 2003 of appointment if later
Lawrence Fish — 10,950 Norman McLuskie — 26,584
Fred Goodwin — 64,703 Iain Robertson — 112,747
Eileen Mackay — 6,086 Sir Iain Vallance — 2,500
Sir George Mathewson — 173,674
No other director had an interest in the company’s Additional Value Shares during the year.
Following the final dividend payment on the Additional Value Shares on 1 December 2003, the Additional Value Shares
were de-listed from the London Stock Exchange, converted to Non-voting Deferred Shares and transferred to RBS NVDS Nominees
Limited. None of the directors has an interest in the Non-voting Deferred Shares.