Business
NOTIFICATION OF SHARE AWARDS
NOTIFICATION OF SHARE AWARDS.
About this update from Trifast Plc
[{"type":"text","content":"\n \nRNS Number : 2466S Trifast PLC 22 June 2018 \n\n \nFriday, 22 June 2018\n \n \n \nTrifast plc \n(the \"Company\")\n \nNOTIFICATION OF SHARE AWARDS\n \n \nThe Company announces that, further to the terms set out in the Company's Remuneration Policy, the Remuneration Committee has granted the following LTIP awards to the Executive Directors in the form of ordinary shares of 5p each in the Company (\"Ordinary Shares\") under the terms of the Year End 2018 Long Term Incentive Plan Scheme, and these awards have been accepted by the Executive Directors. The scheme includes a three-year vesting period for these awards as well as an ongoing corporate performance requirement for the period until vesting. No payment will be made for the grant or vesting of these awards.\n \n\n\n\n\nName\n\n\nPosition\n\n\nNumber of deferred share bonus awards1\n\n\n\n\nMark Belton\n\n\nChief Executive Officer \n\n\n216,346\n\n\n\n\nClare Foster\n\n\nChief Financial Officer \n\n\n165,865\n\n\n\n\nGeoff Budd2\n\n\nManaging Director, TR Europe\n\n\n151,442\n\n\n\n\nGlenda Roberts\n\n\nGroup Sales Director\n\n\n151,442\n\n\n\n\n \n1 Calculated using a share price of £2.08 being the share price on the last business day prior to the grant date of 30 September 2017 to which the 'Year End 2018 Long Term Incentive Plan Scheme' relates \n2 Retired from the Board 31 March 2018\n \n \n\n\n\n\nEnquiries:\n\n\n\n\nTrifast plc\n\n\n\n\nLyndsey Case\nCompany Secretary\nTel: +44 (0) 1825 769696\nwww.trifast.com\n\n\n\n\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END DSHEANKAAFSPEEF\n ","length":5051,"tagName":"div"}]