Share incentive trust

  • 1
  • 2

 

  2009     2008  
The JD Group Employee Share Incentive Scheme   Number of shares  
Shares available        
At beginning of year   15 990 967     19 291 867  
Additional shares made available/(unavailable) to the directors in terms of the scheme   608 000     (1 283 900) 
Options granted   (2 202 000)    (2 268 000) 
Options forfeited   635 089     251 000  
Shares no longer available to the directors due to the phasing out of The JD Group Employee Share Incentive Scheme   (15 032 056)    —  
At end of year   —     15 990 967  
Share options granted        
At beginning of year   9 584 033     7 708 133  
Options granted   2 202 000     2 268 000  
Options forfeited   (635 089)    (251 000) 
Options exercised   (608 000)    (141 100) 
At end of year   10 542 944     9 584 033  
Number of participants   180     158  
Shares available for utilisation        
At beginning of year   7 364 892     4 505 992  
Shares acquired in the open market   —     3 000 000  
Options exercised   (608 000)    (141 100) 
At end of year   6 756 892     7 364 892  
  Rm     Rm  
Loan by the Company to the trust   410     429  
Fair value of shares   290     226