2017
£000
2016
£000
Directors' emoluments2,3371,779
Deferred equity (face value)1,0501,020
Company contributions to money purchase pension plans107139
Pension cash payments46
3,5402,938

The emoluments of individual Directors are shown in the Remuneration Report

The aggregate of emoluments of the highest paid Director was £0.81m (2016: £0.62m), which included deferred equity (at face value) of £0.25m (2016: £0.23m), Company pension contributions of £0.03m (2016: £0.05m) made to a money purchase scheme on his behalf and pension cash payments of £0.02m (2016: £nil). During the year, the highest paid Director exercised 18,000 SAYE share options (2016: nil).

The annual IFRS2 charge relating to Board deferred equity bonuses given in 2014, 2015, 2016 and 2017 was £1.13m (2016: £1.22m). The highest paid Director's element of this charge was £0.23m (2016: £0.27m).

Number of Directors
20172016
Retirement benefits are accruing to the following number of Directors under
money purchase schemes44
The number of Directors who exercised share options was2

See the Remuneration Report for more details.

Directors' rights to subscribe for shares in the Company are also set out in the Remuneration report.