Share-based Payment Program


The changes in the composition of share options are as follows (share-based payment program 2005, 2006 and 2007):

 

 

 

 

 

 

6 months 2007/2008

6 months 2006/2007

 

Number

Average
exercise
price

Number

Average
exercise
price

As of October 1

786,980

64.91

684,280

46.25

Granted during the period

0

474,480

69.40

Expired during the period

6,500

64.37

7,000

46.54

As of March 31

780,480

64.91

1,151,760

55.78

Exercisable
as of March 31

321,500

58.51

347,000

34.57

Share options which expired in the period from October 1, 2007 to March 31, 2008 relate solely to employees. The share-based payment programs 2005, 2006 and 2007 are described in detail in the Notes to the Group financial statements as of September 30, 2007.

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