Business
Grant of options
Grant of options.
About this update from Animalcare Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6858R\n Animalcare Group PLC\n 08 November 2021\n \n \n \n \n Animalcare Group plc\n \n \n \n \n \n (The \"Company\" or the \"Group\")\n \n \n \n \n \n Grant of options\n \n \n \n \n \n \n 8 November 2021.\n \n Animalcare Group plc (AIM: ANCR), the international animal health business, announces that, on 5 November 2021, nil-cost options over a total of 264,981 ordinary shares with a nominal value of 20p per share (\"the Options\") were awarded to \nthe Executive Directors and PDMRs of the Company and to members of the Senior Executive\nTeam pursuant to the Company's Long Term Incentive Plan.\n \n \n \n The awards will normally vest on 31 December 2024 following the assessment of performance criteria based on Earnings Per Share (EPS) growth per annum and Total Shareholder Return (TSR) over a three-year financial period ending 31 December 2024 and are as follows:\n \n \n \n \n \n \n \n \n EarningsPerSharegrowthperannum\n \n \n \n \n ExtenttowhichEPStranchewillvest\n \n \n \n \n \n \n Lessthan3%\n \n \n \n \n 0%\n \n \n \n \n \n \n 3%\n \n \n \n \n 25%\n \n \n \n \n \n \n 10%\n \n \n \n \n 100%\n \n \n \n \n \n \n Between3%and10%\n \n \n \n \n Between25%and100%onastraightlinebasis\n \n \n \n \n \n \n \n \n \n \n \n \n \n Rank of the Company's TSR compared totheComparatorGroup\n \n \n \n \n ExtenttowhichtheTSRtranchewillvest\n \n \n \n \n \n \n Upperquartileorabove\n \n \n \n \n 100%\n \n \n \n \n \n \n Betweenmedianandupperquartile\n \n \n \n \n Proratabetween25%and100%onarankingbasis\n \n \n \n \n \n \n Median\n \n \n \n \n 25%\n \n \n \n \n \n \n Belowmedian\n \n \n \n \n 0%\n \n \n \n \n \n \n \n \n \n 50% of the option award will be subject to the EPS performance condition and the remaining 50% \nwill be subject to the TSR performance condition. Accordingly, if one of the performance conditions \nis met but the other is not, the Option award will only vest in part.\n \n \n \n \n \n After the...