Business
New Employee Incentive Arrang
New Employee Incentive Arrang.
About this update from Zinc Media Group Plc
[{"type":"text","content":"\n RNS Number : 1432H Ten Alps PLC 15 February 2010 \n \n\n\n\n15 February 2010\nTen Alps Plc\n \nSenior Director Incentive Arrangements\nMultimedia factual producer Ten Alps Plc ('Ten Alps' or the 'Company') announces that it has today implemented a new senior director incentive plan linked to the market capitalisation of the company in the event of a sale of the Company or portion thereof.\nUnder the terms of the plan, a participant can enter into a financial instrument, linked to the market capitalisation of the Company and in the event that this increases above £25 million at the time of such a sale, the instrument will pay the participants a sum based on the increase in value and capped at a maximum market capitalisation of £70 million. \nThe scheme is open to the senior directors of the Company and is valid for 7 years.\nFor further information:\n\n\n\n\nTen Alps plc \n\n\n\n\n\n\n\nNitil Patel, Group Finance Director\n\n\nTel: +44 (0) 20 7878 2311\n\n\n\n\nc/o Moira McManus\n\n\nwww.tenalps.com\n\n\n\n\n\n\n\n\n\n\n\n\nGrant Thornton Corporate Finance - Nominated Adviser\n\n\n\n\n\n\n\nGerry Beaney / Robert Beenstock\n\n\nTel: +44 (0) 20 7383 5100\n\n\n\n\nwww.gtuk.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCanaccord Adams - Broker\n\n\n\n\n\n\n\nMark Williams \n\n\nTel: +44 (0) 20 7050 6500\n\n\n\n\nwww.canaccordadams.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPelham PR - Public Relations\n\n\n\n\n\n\n\nAlex Walters / Francesca Tuckett\n\n\nTel: +44 (0) 20 7337 1500\n\n\n\n\nwww.pelhampr.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCGMGMZGKNGGZM \n ","length":5761,"tagName":"div"}]