Notes to the Financial Statements
107
Notes to the Financial Statements
continued
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Performance rights
The number of performance rights held during the financial year by each Director of Kingsgate and each of the specified executives of the Group, including 
their personally-related entities, are set out as follows:
Balance at  
start of year
Granted  
during the year
Converted 
during the year
Other changes 
during the year
Balance at  
year end
Vested and 
exercisable  
at year end
2013 
Directors
Ross Smyth-Kirk – – – – – –
Peter McAleer – – – – – –
Craig Carracher – – – – – –
Peter Alexander – – – – – –
Gavin Thomas – 222,955 – – 222,955 –
Other Key Management Personnel
Duane Woodbury – 28,409 – – 28,409 –
Tim Benfield – 28,409 – – 28,409 –
Phil MacIntyre – – – – – –
Ron James – 22,728 – – 22,728 –
Ross Coyle – 22,159 – – 22,159 –
Joel Forwood – 18,750 – – 18,750 –
Brett Dunstone – – – – – –
Deferred rights
The number of deferred rights held during the financial year by each Director of Kingsgate and each of the specified executives of the Group, including their 
personally-related entities, are set out as follows:
Balance at  
start of year
Granted  
during the year
Converted 
during the year
Other changes 
during the year
Balance at  
year end
Vested and 
exercisable  
at year end
2013 
Directors
Ross Smyth-Kirk – – – – – –
Peter McAleer – – – – – –
Craig Carracher – – – – – –
Peter Alexander – – – – – –
Gavin Thomas – 106,082 – – 106,082 52,181
Other Key Management Personnel
Duane Woodbury – 41,238 – – 41,238 13,298
Tim Benfield – 14,204 – – 14,204 –
Phil MacIntyre – – – – – –
Ron James – 32,991 – – 32,991 10,638
Ross Coyle – 32,166 – – 32,166 10,372
Joel Forwood – 18,441 – – 18,441 –
Brett Dunstone – – – – – –