18 December 2012
Vislink plc (the "Group")
Vislink plc announces that on 14 December 2012 the Remuneration Committee has granted the following conditional nil cost share awards to a Director under the Vislink plc Long-Term Incentive Plan (the "LTIP") approved by shareholders on 7 March 2008, and extension approved on 30 May 2012.
|
Number of Ordinary Shares subject to the LTIP Award |
Ian Davies |
404,000 |
The shares subject to the LTIP awards will be released in three years' time subject to continued employment and the Company's achievement of EPS performance conditions which apply to this award.
ENDS
Contacts:
John Hawkins: Executive Chairman Tel: +44 (0)1488 68 55 00
About Vislink plc
The Vislink Group is a global technology business specialising in the collection and delivery of high quality video and associated data from the field to the point of usage. Vislink provides solutions to the broadcast market for the collection of live news, sport and entertainment events and to the surveillance market including defence, law enforcement and public safety customers. With offices in the UK, USA, Australia, UAE, South Africa and Singapore we employ over 250 people worldwide and have net assets of £50m. Our solutions include the design and manufacture of microwave radio, satellite transmission and wireless camera systems; our manufacturing operations are in the UK and the USA.
The Company is fully listed on the London Stock Exchange (LSE:VLK). For further information, visit www.vislink.com.