Financial Reporting - Rexel
Financial Reporting - Rexel
Financial Reporting - Rexel
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Date of allocation / beneficiaries<br />
Number of<br />
instruments<br />
originally allocated<br />
Number of options<br />
active as of<br />
December 31, 2011<br />
Options term<br />
Options granted to key managers (“Plan<br />
No.1”)<br />
- on October 28, 2005 2,711,000 32,820 October 28, 2015<br />
- on May 31, 2006 169,236 -<br />
- on October 4, 2006 164,460 -<br />
Options granted to key employees (“Plan<br />
No.2”)<br />
- on November 30, 2005 259,050 215,990<br />
November 30, 2015<br />
- on May 31, 2006 34,550 26,376<br />
Total options granted by <strong>Rexel</strong> 3,338,296 275,186<br />
15.3 | Share-based payment expenses<br />
Expenses related to free share plans are accounted for in “Distribution and administrative expenses” (except<br />
for the 2007 plan which was accounted for in “Other expenses” in consideration of the non-recurring nature<br />
of the IPO) and are summarized as follows:<br />
For the period ended December 31,<br />
(en millions d'euros) 2011 2010<br />
Plans issued in 2008………………………………………"" - 1.1<br />
Plans issued in 2009………………………………………"" 1.2 3.3<br />
Plans issued in 2010………………………………………"" 6.9 4.5<br />
Plans issued in 2011………………………………………"" 8.8 -<br />
Expense related to employee share purchase plan … (1) 0.3 0.9<br />
Total free share plans expense ……………………" " 17.2 9.8<br />
(1) In 2011, the expense are free shares granted in 2010, related to employee share purchase plan.<br />
61