Annual report and accounts 2023 - Flipbook - Page 103
Strategic Report
Corporate Governance
Accounts
The “Owned outright” shares set out in the table above are the shares owned outright by the directors. These include any AESOP free shares awarded during the year and any
shares retained during the year following the exercise of LTIP awards and SAYE options.
The number of AESOP free shares awarded and share options exercised under the LTIP and SAYE in the year are included in the “Exercised during the year” column.
The table below shows the directors’ total shareholdings split between those with and without performance conditions. The non-executive directors’ shareholdings above are
all shares with no performance conditions.
Shares – no performance
conditions
Executive director
Share options –
performance conditions
Share options – no
performance conditions
Total shares/ share
options
R.A. White
377,212
415,523
3,925
796,660
S. Lorimer
64,613
286,024
3,925
354,562
J.D. Kemp
157,308
217,893
3,925
379,126
There were no shares vested and unexercised as at 29 January 2023.
The following sections of the Remuneration Report are not subject to audit.
Performance graph and table
The graph below shows the Company’s Total Shareholder Return (“TSR”) performance against the FTSE 250 excluding investment trusts over the past ten years. In the opinion
of the Board, the FTSE 250 excluding investment trusts is the most appropriate index against which the TSR of the Company should be measured because it represents a broad
equity market index of which the Company is a constituent member and reflects the Company’s scale and complexity of operations.
Total Shareholder Return
250
200
150
100
50
2012
2013
A.G. BARR
2014
2015
2016
2017
2018
2019
2020
2021
2022
FTSE 250 Ex.Investment Trusts
101
