47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 103
Strategic Report
Corporate Governance
Accounts
The table below shows the directors’ total shareholdings split between those with and without performance conditions. The non-executive directors’
shareholdings above are all shares with no performance conditions.
Shares –
no performance
conditions
Deferred bonus
shares –
no performance
conditions
Share
options –
performance
conditions
Share
options –
no performance
conditions
Total shares/
share options
Euan Sutherland
12,006
–
171,957
–
183,963
Stuart Lorimer
180,853
15,437
299,271
3,635
499,196
Executive director
There were no shares vested and unexercised as at 25 January 2025.
The following sections of the Directors’ Remuneration Report are not subject to audit.
Performance graph and table
The graph below shows the Company’s Total Shareholder Return (‘TSR’) performance against the FTSE 250 excluding investment trusts over the past ten
years. In the opinion of the Board, the FTSE 250 excluding investment trusts is the most appropriate index against which the TSR of the Company should
be measured because it represents a broad equity market index of which the Company is a constituent member and reflects the Company’s scale and
complexity of operations.
Total Shareholder Return
150
120
90
60
2015
2016
A.G. BARR
2017
2018
2019
2020
2021
2022
2023
2024
2025
FTSE 250 Ex.Investment Trusts
101
