HC Deb 06 November 1992 vol 213 cc439-40W
Mr. Austin Mitchell

To ask the President of the Board of Trade what proposals he has to require company directors to give information about share options in the directors' report.

Mr. Neil Hamilton

A director is required to disclose certain information concerning share options to the company, and this must be entered in the company's register of directors' interests, which is open to public inspection. Certain information regarding options must also be disclosed in either the directors' report or the notes to the accounts. Moreover, a director is not permitted to

France, Italy and Japan the change in relative export values for manufactures each year since 1962, on the basis of the second half of 1973 = 100, together with the change in share of exports of manufactures.

Mr. Needham

The information requested for relative export values is not available on a consistent basis before 1975. The available information is published in table F8 of the CSO publication "Monthly Review of External Trade Statistics", which is available from the House of Commons Library. Data for changes in the shares of exports of manufactured goods are given in the table.

buy options in shares in a listed company. I am aware that disclosure generally is under discussion as part of the public debate on corporate governance.

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