Chwilio Deddfwriaeth

Companies Act 1985

 Help about what version

Pa Fersiwn

 Help about advanced features

Nodweddion Uwch

 Help about opening options

Dewisiadau AgorExpand opening options

Changes over time for: Paragraph 11

 Help about opening options

No versions valid at: 22/11/2000

Alternative versions:

Status:

Point in time view as at 22/11/2000. This version of this provision is not valid for this point in time. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Companies Act 1985, Paragraph 11. Help about Changes to Legislation

Yn ddilys o 01/08/2002

11(1)The information required by sub-paragraph (1) of paragraph 10 in respect of such a person as is mentioned in that sub-paragraph is—

(a)details of the scheme interests that the person has at the beginning of the relevant financial year or if later on the date of the appointment of the person as a director of the company;

(b)details of the scheme interests awarded to the person during the relevant financial year;

(c)details of the scheme interests that the person has at the end of the relevant financial year or if earlier on the cessation of the person’s appointment as a director of the company;

(d)for each scheme interest within paragraphs (a) to (c)—

(i)the end of the period over which the qualifying conditions for that interest have to be fulfilled (or if there are different periods for different conditions, the end of whichever of those periods ends last); and

(ii)a description of any variation made in the terms and conditions of the scheme interests during the relevant financial year; and

(e)for each scheme interest that has vested in the relevant financial year—

(i)the relevant details (see sub-paragraph (3)) of any shares,

(ii)the amount of any money, and

(iii)the value of any other assets,

that have become receivable in respect of the interest.

(2)The details that sub-paragraph (1)(b) requires of a scheme interest awarded during the relevant financial year include, if shares may become receivable in respect of the interest, the following—

(a)the number of those shares;

(b)the market price of each of those shares when the scheme interest was awarded; and

(c)details of qualifying conditions that are conditions with respect to performance.

(3)In sub-paragraph (1)(e)(i) “the relevant details”, in relation to any shares that have become receivable in respect of a scheme interest, means—

(a)the number of those shares;

(b)the date on which the scheme interest was awarded;

(c)the market price of each of those shares when the scheme interest was awarded;

(d)the market price of each of those shares when the scheme interest vested; and

(e)details of qualifying conditions that were conditions with respect to performance.

Yn ôl i’r brig

Options/Cymorth