Business
Share Awards, TVR and Transaction of PDMR
Share Awards, TVR and Transaction of PDMR.
About this update from Trifast Plc
[{"type":"text","content":"\n \nRNS Number : 0041E Trifast PLC 13 July 2016 \n\n \n \n \nWednesday 13 July 2016\n \n \nTrifast plc\n(the \"Company\")\n \nNotification of Share Awards, Application submitted to LSE/FCA, Total Voting Rights and Transaction of Person Discharging Managerial Responsibility\n \nNotification of Share Awards\nThe Company announces that, further to the terms set out in the Company's Remuneration Policy, the Remuneration Committee granted the following deferred share bonus 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 2016 Deferred Equity Executive Bonus Scheme. 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\nMalcolm Diamond\n\n\nExecutive Chairman\n\n\n170,233\n\n\n\n\nJim Barker\n\n\nFormer Chief Executive Officer2 \n\n\n106,395\n\n\n\n\nMark Belton\n\n\nChief Executive Officer3 \n\n\n191,512\n\n\n\n\nClare Foster\n\n\nChief Financial Officer 4\n\n\n85,116\n\n\n\n\nGeoff Budd\n\n\nManaging Director, TR Europe\n\n\n161,721\n\n\n\n\nGlenda Roberts\n\n\nGroup Sales Director\n\n\n153,209\n\n\n\n\nTan Thiam Boon (Thomas)\n\n\nConsultant, TR Asia5\n\n\n95,354\n\n\n\n\n \n1 Calculated using a share price of £1.18 being the average share price over the three-month period prior to the end of the financial year to which the 'Year End 2016 Deferred Equity Executive Bonus Scheme' relates \n2 Retired as Chief Executive on 30 September 2015\n3 Appointed, 1 October 2015, previously Chief Financial Officer\n4 Appointed, 1 October 2015\n5 Retired as Managing Director of TR Asia on 31 December 2015, however remains a Consultant with the Company. Mr Tan was and is not a member of the Main Trifast plc Board.\n \nThe Company also announces that, it has issued a total of 1,050,044 Ordinary Shares at nil consideration to good leavers, pursuant to the 'Company's Year End 2014 Deferred Equity Executive Bonus Scheme', the 'Year End 2015 Deferred Equity Executive Bonus Scheme' and, the 'Year End 2016 Deferred Equity Executive Bonus Scheme'. Tan Thiam...