Long Term Incentive Plan (E2V Technologies)

Date : 07/17/2008 @ 4:19AM
Source : UK Regulatory (RNS and others)
Stock : E2V Technologies Plc (E2V)
Quote : 157.0  -8.0 (-4.85%) @ 11:35AM
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Long Term Incentive Plan (E2V Technologies)

    RNS Number : 2720Z
  e2v technologies PLC
  17 July 2008
   

    17 July 2008
    e2v technologies plc
    Long Term Incentive Plan
    The following awards of ordinary shares have been made under the Company's Long Term
Incentive Plan ('LTIP'), details of which are set
out in the Listing Particulars published on 19 July 2004:
    Keith Attwood, Chief Executive Officer - 99,850 shares
    Mike Hannant, Finance Director - 62, 950 shares

    An award amounts to a contractual right to acquire an interest in shares provided that the
recipient remains an employee at the third
anniversary of the grant (the normal vesting date), and only to the extent that the
performance targets attached to the scheme are met. This
criteria is based on a sliding scale which may result in less than the full award vesting.

    Total holdings of LTIPS following this grant:
    Keith Attwood - 297,600
    Mike Hannant - 196,076
    Total holdings of ordinary shares at the date of this announcement:

    Keith Attwood - 1,346,732 - 2.15%
    Mike Hannant - 531,674 - 0.85%
    Enquiries:

    e2v technologies plc Tel: 01245 453437
    Keith Attwood, Chief Executive
    Mike Hannant, Finance Director
    www.e2v.com




This information is provided by RNS
The company news service from the London Stock Exchange
 
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