12. Summary of shares and options held by the Board of Directors, Group Executive Board and Employees as of 31 December 2024
This section has been audited by the external auditor as part of the Financial Notes to the Consolidated Statements of the Geberit Group.
Geberit is committed to a vigilant management of equity dilution. As of 31 December 2024, the Board of Directors, the Group Executive Board and the employees owned a combined total of 417,854 (previous year 421,171) shares, i.e. 1.2% (previous year 1.2%) of the share capital of Geberit AG.
The following table summarises all option plans in place as of 31 December 20241:
End of vesting period |
|
Maturity |
|
Number of options outstanding |
|
Ø exercise price |
|
Number of options |
|
Ø exercise price |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Vested |
|
2025–2030 |
|
851,025 |
|
464.48 |
|
667,059 |
|
435.48 |
||||||
2025 |
|
2032 |
|
228,379 |
|
584.10 |
|
0 |
|
0 |
||||||
2026 |
|
2033 |
|
188,387 |
|
504.45 |
|
188,387 |
|
504.45 |
||||||
2027 |
|
2034 |
|
189,418 |
|
527.65 |
|
0 |
|
0 |
||||||
Total |
|
|
|
1,457,209 |
|
496.61 |
|
855,446 |
|
450.67 |
||||||
|
||||||||||||||||
The following movements took place in 2024 and 20231:
|
|
MSOP |
|
MSPP |
|
Total 2024 |
|
Total 2023 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Number of options |
|
Ø exercise price |
|
Number of options |
|
Ø exercise price |
|
Number of options |
|
Ø exercise price |
|
Number of options |
|
Ø exercise price |
||||||
|
|
|
|
CHF |
|
|
|
CHF |
|
|
|
CHF |
|
|
|
CHF |
||||||
Outstanding 1 January |
|
1,199,332 |
|
486.71 |
|
114,902 |
|
513.59 |
|
1,314,234 |
|
489.06 |
|
1,154,876 |
|
485.09 |
||||||
Granted options |
|
168,640 |
|
527.65 |
|
22,028 |
|
527.65 |
|
190,668 |
|
527.65 |
|
188,985 |
|
504.45 |
||||||
Forfeited options |
|
0 |
|
0 |
|
154 |
|
435.95 |
|
154 |
|
435.95 |
|
2,175 |
|
520.68 |
||||||
Expired options |
|
1,718 |
|
530.29 |
|
0 |
|
0 |
|
1,718 |
|
530.29 |
|
0 |
|
0 |
||||||
Exercised options |
|
38,116 |
|
402.62 |
|
7,705 |
|
436.20 |
|
45,821 |
|
408.27 |
|
27,452 |
|
425.57 |
||||||
Outstanding 31 December |
|
1,328,138 |
|
494.27 |
|
129,071 |
|
520.70 |
|
1,457,209 |
|
496.61 |
|
1,314,234 |
|
489.06 |
||||||
Exercisable at 31 December |
|
635,132 |
|
435.62 |
|
31,927 |
|
432.61 |
|
667,059 |
|
435.48 |
|
713,034 |
|
433.73 |
||||||
|
||||||||||||||||||||||
The options outstanding on 31 December 2024 had an exercise price of between CHF 361.75 and CHF 584.10 and an average remaining contractual life of 5.7 years.