28 May 2012
PayPoint plc - Long Term Incentive Plan Awards
PayPoint plc announces that on 25 May 2012, 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, LTIP awards were granted on the 25 May 2012 at a price of £6.15 per share (the closing price on the preceding dealing day) as follows:
Director/PDMR | LTIP Award |
Dominic Taylor | 79,807 |
George Earle | 50,406 |
Tim Watkin-Rees | 46,178 |
Seamus Smith | 17,439 |
Michael Norton | 12,560 |
Graham Bird | 12,195 |
Jon Marchant | 8,292 |
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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