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Governance
Vodafone Group Plc Annual Report 2010 65
Share options
No options have been granted to directors during the 2010 financial year. The following information summarises the directors’ options under the Vodafone Group 1998
Sharesave Scheme, the Vodafone Group 2008 Sharesave Plan, the Vodafone Group 1998 Company Share Option Scheme (‘CSOS’), the LTSIP and the GIP HMRC approved
awards may be made under all of the schemes above. The table also summarises the directors’ options under the Vodafone Group 1998 Executive Share Option Scheme
(‘ESOS’) which is not HMRC approved. No other directors have options under any of these schemes.
In the past, options under the Vodafone Group 1998 Sharesave Scheme were granted at a discount of 20% to the market value of the shares and options under
the Vodafone Group 2008 Sharesave Plan may be granted at a discount of 20% to the market value of the shares at the time of the grant. No other options may be granted
at a discount.
Options Options Options
At granted exercised lapsed
1 April 2009 during the during the during the Options Market
or date of 2010 financial 2010 financial 2010 financial held at Option Date from price on
Grant appointment year year year 31 March 2010 price which Expiry exercise
date(1) Number Number Number Number Number Pence(2) exercisable date Pence
Vittorio Colao
GIP Nov 2006 3,472,975 –––3,472,975 135.50 Nov 2009 Nov 2016 –
GIP Jul 2007 3,003,575 –––3,003,575 167.80 Jul 2010 Jul 2017 –
SAYE Jul 2009 –16,568 – – 16,568 93.85 Sep 2014 Feb 2015 –
Total 6,476,550 16,568 – – 6,493,118
Andy Halford
CSOS Jul 1999 11,500 – – (11,500) –255.00 Jul 2002 Jul 2009 –
ESOS Jul 1999 114,000 – – (114,000) –255.00 Jul 2002 Jul 2009 –
CSOS Jul 2000 200 –––200 282.30 Jul 2003 Jul 2010 –
ESOS Jul 2000 66,700 –––66,700 282.30 Jul 2003 Jul 2010 –
LTSIP Jul 2001 152,400 –––152,400 151.56 Jul 2004 Jul 2011 –
LTSIP Jul 2002 94,444 –(94,444) – – 90.00 Jul 2005 Jul 2012 146.70
LTSIP Jul 2003 233,333 –(233,333) – – 119.25 Jul 2006 Jul 2013 146.70
LTSIP Jul 2004 226,808 –(226,808) – – 119.00 Jul 2007 Jul 2014 146.70
LTSIP Jul 2005 1,291,326 –––1,291,326 145.25 Jul 2008 Jul 2015 –
GIP Jul 2006 3,062,396 –(3,062,396) – – 115.25 Jul 2009 Jul 2016 146.70
SAYE Jul 2006 10,202 –(10,202) – – 91.64 Sep 2009 Feb 2010 131.95
GIP Jul 2007 2,295,589 –––2,295,589 167.80 Jul 2010 Jul 2017 –
SAYE Jul 2009 –9,669 – – 9,669 93.85 Sep 2012 Feb 2013 –
Total 7,558,898 9,669 (3,627,183) (125,500) 3,815,884
Stephen Pusey
GIP Nov 2006 1,034,259 – – 1,034,259 135.50 Nov 2009 Nov 2016 –
GIP Jul 2007 947,556 – – 947,556 167.80 Jul 2010 Jul 2017 –
SAYE Jul 2009 –9,669 – – 9,669 93.85 Sep 2012 Feb 2013 –
Total 1,981,815 9,669 – – 1,991,484
Michel Combes
SAYE Jul 2009 –9,669 – – 9,699 93.85 Sep 2012 Feb 2013 –
Total –9,669 – – 9,699
Notes:
(1) The unvested award granted in July 2007 has a performance period ending on 31 March 2010. The performance condition for this award is three year EPS growth ranges of 5% to 8% per annum.
(2) The closing mid-market share price on 31 March 2010 was 152.0 pence. The highest mid-market share price during the year was 153.8 pence and the lowest price was 111.2 pence.