Financial Statements
Strategic Report
Governance Report
Other Information
30. Equity-settled share-based payments continued
d. Company Share Option Plan (“CSOP”) The Company has established a Company Share Option Plan, which was approved by HMRC in November 2013. The CSOP is a discretionary scheme whereby employees or Directors are granted an option to purchase the Company’s shares in the future at a price set on the date of the grant. The maximum award under the terms of the scheme is a total market value of £30,000 per recipient.
2024
2023
Weighted average exercise price £
Weighted average exercise price £
Number of options
Number of options
16,955 (8,554)
16.37 15.83 16.92
At 1 July
18,821 (1,866)
16.32 15.89 16.37
Exercised in the year
At 30 June
8,401
16,955
The number of share options outstanding at the reporting date was as follows:
2024 Number of options
Exercise price £
2023 Number of options
Vesting period
Scheme year (grant date)
–
2013 2014 2015 2016
14.52 13.81 17.19 17.25
2016 2017 2018 2019
2,067 2,537 9,016 3,335 16,955
725
5,236 2,440 8,401
All years
At 30 June 2024, all options for the CSOP schemes have vested and are able to be exercised. No awards expired during the year under the CSOP schemes (FY23: none).
Brooks Macdonald Group plc Annual Report and Accounts 2024
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