PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018
5
CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Outstanding shares on 30 June 2018
Expense for shares for FY18 € thousand
Presence of performance condition
Type of shares
Number of beneficiaries
Shares acquired from Shares vested from
Plan dated 06.11.2013 Plan dated 06.11.2014 Plan dated 06.11.2015 Plan dated 17.11.2016 Plan dated 17.11.2016 Plan dated 09.11.2017
07.11.2016 (FRA)
07.11.2017 (ROW)
07.11.2018 (FRA)
07.11.2017 (ROW)
Free Conditional
1,089
0
935
Free Conditional
1,007
07.11.2018
07.11.2018 360,148
6,507
Free Conditional
1,006
07.11.2019
07.11.2019 359,493
7,769
Free Conditional
997
18.11.2020
18.11.2020 429,576
8,994
33% 18.11.2019 33% 18.11.2020 33% 18.11.2021
33% 18.11.2017 33% 18.11.2018 33% 18.11.2019
49,704
0 (1)
Free Unconditional
6
Free Conditional
1,000
10.11.2021
10.11.2021 366,449
6,094
French tax residents; ROW: non-French tax residents. FRA: For this plan, the Group took the decision to exceptionally recognise all expenses over the 2016/17 year. (1)
The Group recognised an expense of €2.6 million as an operating loss for four stock option plans in the process of vesting on 30 June 2018, as well as an expense of €30.3 million in respect of the five performance-based share plans.
The history of stock option plans that have not yet expired is detailed in the “Management report” section of the Registration Document. Regarding stock options already vested, the total number of options outstanding is 235,921, for which the average remaining life is one year.
Annual expenses € million
30.06.2018
30.06.2017
Stock options – through a double entry to equity
3
3
Performance-based and bonus shares – through a double entry to equity
30 33
30 33
TOTAL ANNUAL EXPENSES
Changes made to outstanding stock options/shares during the year (period from 01.07.2017 to 30.06.2018) are described below:
Outstanding options on 30.06.2018
Presence of performance condition
Outstanding options on 30.06.2017
Allocated during the period
Cancelled during the period
Exercised during the period
Type of options
Expired during the period
Plan dated 24.06.2010 Purchase Unconditional Plan dated 24.06.2010 Purchase Conditional Plan dated 15.09.2010 Purchase Conditional Plan dated 15.06.2011 Purchase Unconditional Plan dated 15.06.2011 Purchase Conditional Plan dated 06.11.2013 Purchase Conditional Plan dated 06.11.2015 Purchase Conditional Plan dated 17.11.2016 Purchase Conditional Plan dated 09.11.2017 Purchase Conditional
148,599 143,342 67,500 215,266 231,663
0 0 0 0 0 0 0 0
0 0 0 0 0 0
148,599 143,342 67,500 60,720 150,288
0 0 0 0 0 0 0 0 0
0 0 0
154,546 81,375
0
0 0 0 0
0
277,975 150,008
1,450
276,525 150,008 124,050
0 0
0
124,050
191
PERNOD RICARD REGISTRATION DOCUMENT 2017/2018
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