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:
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.
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