Business
LTIP Grant to Executive Directors
LTIP Grant to Executive Directors.
About this update from Thruvision Group Plc
[{"type":"text","content":"\n \nRNS Number : 5605F Digital Barriers plc 28 July 2016 \n\n28 July 2016\n \nDigital Barriers plc\n \n(\"Digital Barriers\" or the \"Group\")\n \nLong Term Incentive Plan (\"LTIP\") grant to Executive Directors\n \nDigital Barriers (AIM: DGB) the specialist provider of visually intelligent technologies to the global surveillance, security and safety markets, announces that the Remuneration Committee of the Group has today made a conditional grant of options to Zak Doffman, Colin Evans and Sharon Cooper, under the rules of The Digital Barriers Long Term Incentive Plan (the \"Plan\"), over Ordinary 1p shares. \n \nThe award comprises a top-up award of nil cost options as follows:\n \n\n\n\n\n\n\n\nTop-up award\n(no. of shares)\n\n\nTotal number of shares\nunder option following\naward\n\n\n\n\nZak Doffman\n\n\n500,000\n\n\n1,625,523\n\n\n\n\nColin Evans\n\n\n250,000\n\n\n875,523\n\n\n\n\nSharon Cooper\n\n\n200,000\n\n\n554,602\n\n\n\n\n \nThe vesting and exercise of the awards made today are subject to certain performance conditions relating to profit and revenue in the performance period.\n \nFull details of the previous award under the Plan are given in the Group's announcement dated 2 July 2015 and full details of the Plan can be found in the Digital Barriers 2016 Annual Report on page 34.\n \n \n\n\n\n\nFor further information please contact:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDigital Barriers plc\n\n\n+44 (0)20 3553 5888\n\n\n\n\nZak Doffman, Chief Executive Officer\n\n\n\n\n\n\n\nSharon Cooper, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestec Investment Banking\n\n\n+44 (0)20 7597 5970\n\n\n\n\nAndrew Pinder / Dominic Emery\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting LLP\n\n\n+44 (0)20 3727 1000\n\n\n\n\nEdward Bridges / Matt Dixon\n\n\n\n\n\n\n\n \n \nAbout Digital Barriers:\n \nDigital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies.\nOur rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-wo...