back 
In addition to the above, the following share-based payment systems with equity settlement for executives and employees are operated at the level of the divisions:
RWE Npower plc/RWE Supply & Trading GmbH/RWE IT UK Ltd./Npower Renewables Ltd. |
Sharesave Scheme |
Awards/tranches |
2004 – 2008 |
Number of options granted per tranche |
228,335 – 787,875 |
Term |
3 years |
Vesting conditions |
Waiting period: 3 years |
Exercise price |
€19.98 – €50.24 |
Form of settlement |
Existing shares |
In the year under review, the number of outstanding Sharesave Scheme options developed as follows:
RWE Npower plc/RWE Supply & Trading GmbH/RWE IT UK Ltd./Npower Renewables Ltd. |
Sharesave Scheme |
Outstanding at the start of the fiscal year |
942,257 |
Granted |
296,485 |
Exercised |
-295,973 |
Expired |
-54,537 |
Outstanding at the end of the fiscal year |
888,232 |
Exercisable at the end of the fiscal year |
45,687 |
