Audited Information

Remuneration of Directors

Salary
and fees
£000
Pension
allowance/
contributions
£000
Other
benefits
£000
2013
cash bonus
£000*
Severance
payment
£000
2013
Total
£000
2012
Total
£000
Executive
J Glenn4045043324821848
R Cotton2194612136413
T Woolrych356132273149418
N Higgins§1893313114261610435
Non-Executive
P Fellner (Chairman)125125124
W Jenkins454541
C Banks151544
J Dick141441
L Drummond444441
S Crummett3939
I Nicholson3636
Total1,165135815963342,3111,992

* Cash bonus only. The bonus awarded under the deferred bonus plan is shown in Unaudited Information.

Mr Woolrych resigned as a director of the Company on 29 June 2012.

Mr Banks and Mr Dick retired as non-executive directors on 30 August 2012.

§ Mr Higgins resigned as a director of the Company on 28 February 2013.

Mr Cotton joined the Company on 25 June 2013.

Mr Nicholson and Mr Crummett joined the Company on 13 June 2012.

Directors' Incentives

NamePlan TypeOutstanding awards as at
1 May 2012
Awarded
during the
year
Lapsed
during the
year
Outstanding
awards as at
30 April 2013
Market price
at award
Earliest Date
of exercise
Expiry
date
J. Glenn2005 LTIP77,647(77,647)£4.250October 2012November 2012
2005 LTIP86,90086,900£3.855August 2013September 2013
2005 LTIP6,726*6,726*£4.460September 2013October 2013
2010 CSOP6,7266,726£4.460September 2013October 2013
2005 LTIP70,16970,169£5.615August 2014September 2014
2005 LTIP63,44663,446£6.210June 2015July 2015
R Cotton2005 LTIP35,98735,987£6.530June 2015August 2015
2005 LTIP4,594*4,594*£6.530June 2015August 2015
2010 CSOP4,5944,594£6.530June 2015August 2015
T. Woolrych2005 LTIP47,059(47,059)£4.250October 2012November 2012
Resigned2005 LTIP33,074(12,041)21,033£3.855August 2013September 2013
29/6/122005 LTIP6,726*(2,749)3,977*£4.460September 2013October 2013
2010 CSOP6,726(2,749)3,977£4.460September 2013October 2013
2005 LTIP28,717(19,992)8,725£5.615August 2014September 2014
N. Higgins2005 LTIP41,604(41,604)£3.850January 2013February 2013
Resigned2005 LTIP34,046(4,815)29,231£3.855August 2013September 2013
28/2/132005 LTIP6,726*(1,252)5,474*£4.460September 2013October 2013
2010 CSOP6,726(1,252)5,474£4.460September 2013October 2013
2005 LTIP39,804(18,849)20,955£5.615August 2014September 2014
2005 LTIP35,990(27,642)8,348£6.210June 2015July 2015

* LTIP awards made to fund the exercise price of the linked CSOP granted on the same date.

† Pro-rated award to date of leaving.

All 2005 LTIP awards presented in the table above are Performance Shares subject to relevant performance conditions.

The closing price of the shares at 30 April 2013 was 800 pence (30 April 2012: 663 pence). The highest and lowest middle market prices during the period were 831.5 pence and 584 pence respectively.

At 30 April 2013 there were 511,378 shares in the Company's share ownership trust (2012: 419,564).

Directors' Interests

The beneficial interests of the directors on 30 April 2013 (including the beneficial interests of their spouses, civil partners, children and step children) in the ordinary shares of the Company are shown below:

NameSharesPerformance
Shares
SAYECSOPDeferred Bonus
Shares
2013201220132012201320122013201220132012
Executive
J Glenn17,39314,233227,241241,4421,2822,3696,7266,72653,34522,206
R Cotton14,28040,5814,594
T Woolrych*N/A16,071N/A153,365N/A2,369N/A6,726N/A11,640
N HigginsN/A1,253N/A122,180N/A2,357N/A6,726N/A12,061
Non-Executive
P Fellner (Chairman)4,0004,000
W Jenkins1,000
C BanksN/A25,000
J DickN/A17,500
L Drummond
S Crummett
I Nicholson

* Mr Woolrych resigned as a director of the Company on 29 June 2012.

Mr Banks and Mr Dick retired as non-executive directors on 30 August 2012.

Mr Higgins resigned as a director of the Company on 28 February 2013.

Performance conditions for the LTIP awards made in 2009 were not met. The awards have lapsed in full. The period for measuring the performance conditions for the LTIP awards made in 2010 expired in April 2013. The Committee has determined after receiving advice and analysis from Deloitte that the performance condition was met and awards will vest in August 2013 (September 2013 for related CSOP awards).

SAYE = Save As You Earn employee share option scheme. These options are not subject to performance conditions. This is an all-employee share scheme governed by specific tax legislation.

Since 30 April 2013, no directors have acquired interests in the ordinary shares of the Company.

None of the directors had a material interest at any time during the period in any contract of significance, other than a service contract, with the Company or any of its subsidiaries.

Senior Executives' Remuneration

Policy on Senior Executives' Remuneration

In addition to the executive directors, there are three senior executives who are members of the Group Executive Committee. The reward structure of the senior executives is similar to that of the executive directors.

Consort Medical plc TSR

The graph below shows the growth in value of a hypothetical £100 invested in Consort Medical plc ordinary shares on 1 May 2008 over five years compared with £100 invested in the FTSE Healthcare Sector and the FTSE Small Cap over the same period.

The Remuneration Report was approved by the Board and signed on its behalf.

Dr William Jenkins

Chairman of the Remuneration Committee

12 June 2013