Sharesave option award to Executive Director

RNS Number : 7382L

Digital Barriers plc

08 July 2014

 



8 July 2014

Digital Barriers plc

("Digital Barriers")

Sharesave option award to Executive Director

Digital Barriers (AIM: DGB), the specialist provider of advanced surveillance technologies to the international homeland security and defence markets announces a grant of share options to Sharon Cooper under the Digital Barriers Sharesave scheme (the "Scheme").

On 8 July 2014 the Remuneration Committee of the Group granted, under the rules of the Scheme, an option over 18,750 Ordinary 1p shares with an exercise price of 96 pence per share to Sharon Cooper.

The exercise price, set on 12 June 2014, is calculated on the basis of 80% of the closing middle market price of Digital Barriers shares on 11 June 2014. The option may be exercised between 1 August 2017 and 31 January 2018, assuming the conditions of the Scheme are met.

Prior to this grant Sharon Cooper did not have any entitlement under the Scheme.

Full details of the Scheme can be found in the Notice of General meeting held on 1 November 2013 and available at www.digitalbarriers.com/investors/investorsfinancialreporting/

For further information, please contact:

Digital Barriers plc	Tel: [phone]
Tom Black, Chairman
John Woollhead, Company Secretary
Investec Investment Banking	Tel: [phone]
Andrew Pinder
Dominic Emery
FTI Consulting	Tel: [phone]
Edward Bridges
Matt Dixon

About Digital Barriers

Digital Barriers provides advanced surveillance technologies to the international homeland security and defence markets, specialising in 'edge-intelligent' solutions that are designed for remote, hostile or complex operating environments. We work with governments, multinational corporations and system integrators in the defence, law enforcement, critical infrastructure, transportation and natural resources sectors. Our surveillance technologies have been successfully proven on some of the most demanding operational and environmental deployments around the world.

www.digitalbarriers.com 

 

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