Go back

Long Term Incentive Plan

PayPoint plc announces that on 28 May 2010, the Remuneration Committee has granted the following conditional share awards to Executive Directors and PDMRs under the Company’s Long Term Incentive Plan (the ‘LTIP’).

In accordance with the rules of the LTIP, LTIP awards were granted on the 28 May 2010 at a price of £2.80 per share (the closing price on the preceding dealing day) as follows:

Director/PDMR	LTIP Award
Dominic Taylor	162,857
George Earle	102,723
Tim Watkin-Rees	87,750
Ivan Donn	13,593
Michael Norton	25,892
Graham Bird	15,000
Mike Igoe	12,174
Matthew Sinclair	18,214

The release of LTIP awards to participants under the Long Term Incentive Plan are dependent upon the Total Shareholder Return performance of the Company relative to its comparator group measured over a three year period from the date of grant.

- ends -