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TechMARK movers: Sinclair's new incentive plan

Thu, 23rd Dec 2010 12:47
Sinclair Pharma is calling a general meeting to gain shareholder approval for a new executive incentive scheme. The Sinclair Pharma Plc 2011 Value Creation Plan involves the allocation of units from a total pot. These units offer a share in the growth of the business depending on the achievement of a hurdle rate. The annual hurdle is a minimum growth in total shareholder return of 20% a year. Any growth higher than that will enable the participants of the scheme to receive 15% of the value created.Vodafone has appointed the boss of its 65%-owned South African operations as chief executive of its Spanish subsidiary. Shameel Joosub will take up his new job on 1 April. FTSE TechMARK - RisersAsterand (ATD) 16.50p +8.20%AEA Technology Group (AAT) 6.25p +4.17%Axis-Shield (ASD) 270.00p +3.45%Sepura (SEPU) 42.00p +2.44%Renovo Group (RNVO) 64.00p +2.40%NCC Group (NCC) 545.00p +1.77%Smith & Nephew (SN.) 677.00p +1.50%Vodafone Group (VOD) 171.50p +1.18%Alterian (ALN) 198.75p +0.51%Kofax (KFX) 285.00p +0.35%FTSE TechMARK - FallersARM Holdings (ARM) 422.90p -3.95%Emblaze Ltd. (BLZ) 48.00p -3.03%Skyepharma (SKP) 28.50p -2.56%Anite (AIE) 60.00p -2.44%BTG (BGC) 230.30p -2.04%Sinclair Pharma (SPH) 39.75p -1.85%Torotrak (TRK) 21.75p -1.14%E2V Technologies (E2V) 88.00p -1.12%Psion (PON) 95.00p -1.04%Vislink (VLK) 24.25p -1.02%

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