RBS 2008 Annual Report Download - page 170

169
Directors’ interests in shares
RBS Group Annual Report and Accounts 2008
Preference shares
Mr Koch held 20,000 non-cumulative preference shares of US$0.01 each at 31 December 2008 (2007 – 20,000). No other director shown above had
an interest in the preference shares during the year.
Shares beneficially owned at 1 January 2008 in the tables below have been restated to reflect the capitalisation issue of ordinary shares in September
2008.
Shares
beneficially
owned at
1 January 2008 31 December 2008
or date of Shares
appointment, beneficially Value(1)
Executive directors if later owned £
Mr Hester (2) — 340,524 168,219
Mr Pell 159,278 611,927 302,292
Mr Whittaker 285,145 1,313,173 648,707
Notes:
(1) The value is based on the share price at 31 December 2008, which was 49.4p. During the year ended 31 December 2008 the share price ranged from 41.4p to 370.5p.
(2) Appointed as a director on 1 October 2008.
As at 31 December 2008, the executive directors held a technical interest as potential beneficiaries in The Royal Bank of Scotland Group plc 2001
Employee Share Trust (51,680,795 shares), The Royal Bank of Scotland plc 1992 Employee Share Trust (1,028,914 shares) and The Royal Bank of
Scotland Group plc 2007 US Employee Share Trust (8,455,545 shares), being trusts operated for the benefit of employees of the company and its
subsidiaries.
Shares
beneficially
owned at
1 January Shares
2008 beneficially
or date of owned at
appointment, 31 December
Non-executive directors if later 2008 Value(1)
Mr Buchan 41,000 157,515 77,812
Mr Hunter 10,762 41,344 20,424
Mr MacHale 74,005 284,317 140,453
Mr Ryan (4) — 50,000 24,700
Former Chairman
Sir Tom McKillop (2) 213,200 819,086 404,628
Former Non-executive directors
Dr Currie (3) 1,709 10,504 5,189
Mr Friedrich (3) 113,236 435,039 214,909
Mr Koch (3) 92,250 354,413 175,080
Mrs Kong (3) 26,650 102,383 50,577
Mr Scott (3) 23,927 91,915 45,406
Mr Sutherland (3) 18,084 69,473 34,320
Notes:
(1) The value is based on the share price at 31 December 2008, which was 49.4p. During the year ended 31 December 2008 the share price ranged from 41.4p to 370.5p.
(2) Sir Tom McKillop ceased to be Chairman and a director on 3 February 2009.
(3) Retired as directors on 6 February 2009.
(4) Appointed as a director on 1 October 2008.
No other director had an interest in the company’s ordinary shares during the year.
No director held a non-beneficial interest in the shares of the company at 31 December 2008, at 1 January 2008 or date of appointment if later.
As at 25 February 2009 there were no changes to the directors’ interests in shares shown in the tables above.