- Monday 20 May 2013
- My Account
- Logout
- Register
- Login
- News
-
Voices
-
Find by writer
- Yasmin Alibhai-Brown
- Rebecca Armstrong
- Memphis Barker
- Terence Blacker
- Chris Blackhurst
- David Blanchflower
- Archie Bland
- Ian Burrell
- Andrew Buncombe
- Ben Chu
- Patrick Cockburn
- Laura Davis
- Mary Dejevsky
- Grace Dent
- Robert Fisk
- Andrew Grice
- Philip Hensher
- Ian Herbert
- Howard Jacobson
- Ellen E Jones
- Alice Jones
- Owen Jones
- Emily Jupp
- Simon Kelner
- Dominic Lawson
- Donald Macintyre
- Lisa Markwell
- Comment
- Campaigns
- Debate
- Editorials
- Letters
- IV Drip
- Archive
- Our Voices
- Commentators
- Columnists
- Democracy 2015
- IV Drip Archive
-
Find by writer
- Sport
- Tech
- Life
- Property
- Arts & Ents
- Travel
- Money
- IndyBest
- Blogs
- Student
IN "Privatised power bosses give themselves £72m in shares" (12 February) you printed a national table of electricity directors' salaries and shares sourced from Labour Party research.
The table and some of the claims made are a misrepresentation of the facts. The table indicates that six Seeboard directors have been granted share options which at 1994 prices had a value of £7,701,205. In fact the figure quoted by the Labour Party research included options granted to some 200 managers and senior staff. Of the executive options outstanding in March 1994, only about one-fifth related to executive directors, averaging just over 100,000 shares each.
In addition, all members of our staff are able to take advantage of our savings-related share option scheme under which options have been granted on over 9 million shares. We have also made extra facilities available to all sections of staff to buy shares in the company through a "matching offer". The take-up by staff has been most encouraging and demonstrates their commitment to the company's success.
Sir
Chairman, Seeboard
Crawley, W Sussex
-
The penis size study: How do British men fare?
Laura Davis -
Robert Fisk: Where else but Northern Ireland would a killer on a school board even be mooted as a possibility?
Robert Fisk -
The Daily Cartoon
-
The moral case on tax avoidance is overwhelming - and we all know Google wants to do the right thing
Owen Jones -
It’s official: thanks to Stephen Hawking's Israel boycott, anti-Semitism is no more
Howard Jacobson
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
Visit York
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Get the best in opinion from Independent Voices, straight to your inbox every Thursday lunchtime.
Subscribe
Amol Rajan
A weekly update from the Editor
iJobs General
KS1 Jobs in Chester
£85 - £140 per day: Randstad Education Chester: Day to Day job opportunities f...
Supply teaching roles in Peterborough
£15500 - £25500 per annum: Randstad Education Cambridge: Qualified primary sch...
Primary Teaching Jobs in Chester
£85 - £140 per day: Randstad Education Chester: Day to Day job opportunities f...
Teaching Tutorin in Prisons
Negotiable: Randstad Education Cambridge: Teaching & Tutoring withing Prisons....
Day In a Page
The price of pacifism
Jason Isaacs: Groupies, theatre bores and James Bond
Sealand: 'Micronation' or illegal fortress?
Legend of James Hunt has set Hollywood hearts racing
Macklemore: 'I don't have moderation'
