Paragraph 7 Share options

United Kingdom

(1)

The directors’ remuneration report shall contain, in respect of each person who has served as a director of the company at any time in the relevant financial year, the information specified in paragraph 8.

(2)

Sub-paragraph (1) is subject to paragraph 9 (aggregation of information to avoid excessively lengthy reports).

(3)

The information specified in paragraphs (a) to (c) of paragraph 8 shall be presented in tabular form in the report.

(4)

In paragraph 8 “share option”, in relation to a person, means a share option granted in respect of qualifying services of the person.

Notes on Schedule 7A

Textual amendments

F1: Sch. 7A repealed (6.4.2008) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2007/3495, art. 8(a), Sch. 2 Pt. 1 (with arts. 7, 12)
F2: Sch. 7A inserted (1.8.2002) by The Directors' Remuneration Report Regulations 2002 (S.I. 2002/1986), reg. 9, Sch.