78 ANNUAL REPORT  2013  KATHMANDU SHARE DEALINGS BY DIRECTORS SUBSIDIARY COMPANY DIRECTORS Milford Group Holdings Limited  Kathmandu Limited  Kathmandu Pty Limited  Kathmandu (U.K.) Limited  In accordance with Section 148(2) of the Companies Act 1993, the Board has received disclosures from the Directors named below of  acquisitions or disposals of relevant interests in the Company between 1 August 2012 and 31 July 2013, the details of those dealings  were entered in the Company’s interests register. The particulars of such disclosures are: Section 211(2) of the Companies Act 1993 requires the Company to disclose, in relation to its subsidiaries, the total remuneration and  value of other benefits received by Directors and former Directors, and particulars of entries in the interests registers made during the  year ended 31 July 2013. 1.  Shares were issued as part of the Long Term Incentive Plan (refer note 19 of the financial statements). No subsidiary has Directors who are not full-time employees of the Group. The remuneration and other benefits of such employees (received as employees) totalling $100,000 or more during the year ended 31  July 2013, are included in the relevant bandings for remuneration disclosed at the beginning of the “Statutory Information” section of  this annual report. No employee of the Group appointed as a Director of Kathmandu Holdings Limited or its subsidiaries receives or retains any  remuneration or other benefits in their capacity as a Director. The persons who held office as Directors of subsidiary companies at 31 July 2013, and those who ceased to hold office during the year  ended 31 July 2012, are as follows: Peter Halkett, Mark Todd Peter Halkett, Mark Todd  Peter Halkett, Mark Todd, Paul Stern (Matthew Spencer ceased to hold office in the year ended 31 July 2012) Peter Halkett, Mark Todd Director Nature of Interest Shares Acquired Consideration Date John Holland Beneficial 20,000 NZD 1.75 05/10/2012 Peter Halkett  1 Beneficial 25,686 - 18/12/2012 Mark Todd  1 Beneficial 9,062 - 18/12/2012