Business
Long Term Incentive Awards
Long Term Incentive Awards.
About this update from Ig Design Group Plc
[{"type":"text","content":"\n \nRNS Number : 7012A IG Design Group PLC 02 January 2018 \n\n2 January 2018\n \nIG Design Group Plc\n('IG' or the 'Company')\n\nLong Term Incentive Awards\n \nThe Company announces that it has awarded 168,463 nil cost options over ordinary shares of 5 pence each in the capital of the Company (\"Options\") to Giles Willits, the newly appointed Chief Financial Officer, under the Company's 2017-20 Long Term Incentive Plan (\"LTIP\"). The Company also announces that it has awarded 129,380 Options to Paul Fineman, Chief Executive, under the Company's 2017-20 LTIP. \nFurther to the above the remuneration committee has agreed to award Mr Fineman incremental awards for each of the 2015-18 and 2016-19 LTIP schemes, which equates to a further 100,474 and 72,885 Options respectively. \nFollowing these awards Paul Fineman and Giles Willits have the following interests in the Company's Ordinary Shares, including adjustments in respect of dividends accumulated on options over the vesting period:\n\n\n\n\n \n\n\nOrdinary Shares\n \n\n\nLTIP 2015-18 (Not Yet Vested)\n\n\nLTIP 2016-19 (Not Yet Vested)\n\n\nLTIP 2017-20 (Not Yet Vested)\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nPaul Fineman*\n\n\n4,453,534\n\n\n301,422\n\n\n218,655\n\n\n129,380\n\n\n\n\nGiles Willits\n\n\n93,573\n\n\n0\n\n\n0\n\n\n168,463\n \n\n\n\n\n*Paul Fineman holds a non-beneficial interest of a further 174,608 Ordinary Shares\n \nThe above awards are subject to relevant performance criteria being achieved, which are set out in full in the annual report and accounts of the Company. \n \nThe total number of Ordinary Shares that are subject to award to Company employees under the 2017-20 LTIP is now 626,286.\n \n \nFor further information, please contact:\n \nIG Design Group Plc &nb...