31 Related Parties (continued)
A Group subsidiary paid Mr M W Lightbody, £198,000 (2013: £190,000) in respect of rent of a property at the Lightbody of Hamilton site. No balances were outstanding at either year end relating to rent.
A 50% owned subsidiary, Lightbody Stretz Ltd, paid Mr P Stretz, the Managing Director of Lightbody Stretz Ltd, £57,000 (2013: £26,000) in respect of rent for offices. No balances were outstanding at either year end.
Te Group paid £187,000 (2013: £294,000) for the supply of finished products from and received £105,000 (2013: £62,000) for the sale of finished products to Party Fizz, a company 50% owned by Mr M W Lightbody, a Group Director, and 50% owned by Mr P Stretz. Te amount payable and receivable at the year end was £22,000 (2013: £75,000) and £10,000 (2013: £10,000) respectively.
A Group subsidiary sold finished goods with a value of £2,151,000 (2013: £2,954,000) to Lightbody Ventures Ltd, a company wholly owned by Mr M W Lightbody. Te amount receivable at year end was £710,000 (2013: £460,000).
Transactions with the Memory Lane Pension Scheme are detailed in Note 16.
Transactions with Key Management Personnel Directors of the Company and their immediate relatives control 16% (2013: 25%) of the voting shares of the Company.
Te aggregate compensation of key management personnel (i.e. key Group Directors, Group Commercial Director, Brand Director, Technical Director and Operating Subsidiary Managing Directors) is as follows:
2014 £000
Fees
Company contributions to money purchase pension schemes Executive salaries and benefits Executive bonuses
Share options held by Group Directors are set out in Note 7.
Details of share options outstanding at 28 June 2014 for other key personnel by exercise price is shown in the table below: Number of
options at 28 June 2014
- - - - -
155,172 155,172
Number of options at 29 June 2013
28,300
663,063 308,637 128,395 121,605 -
1,250,000
32 Post Consolidated Statement of Financial Position Events Since the period end date there have been no significant events. 33 Ultimate Parent Company Finsbury Food Group Plc is the ultimate parent company.
Exercise price
14.0p 17.5p 17.5p 24.7p 24.7p 58.0p
75 82
1,240 481
1,878
2013 £000
70 148
1,561 359
2,138
Earliest Exercise exercise date
25/03/2012 29/07/2013 29/07/2013
25/03/2019 29/07/2020 29/07/2017
02/07/2015 02/07/2019 02/07/2015 16/05/2014
02/07/2022 16/05/2017
expiry date
58
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78
