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Long Term Incentive Plan

17 Jul 2008 09:19

RNS Number : 2720Z
e2v technologies PLC
17 July 2008
 



17 July 2008

e2v technologies plc

Long Term Incentive Plan

The following awards of ordinary shares have been made under the Company's Long Term Incentive Plan ('LTIP'), details of which are set out in the Listing Particulars published on 19 July 2004:

Keith Attwood, Chief Executive Officer - 99,850 shares

Mike Hannant, Finance Director - 62, 950 shares

An award amounts to a contractual right to acquire an interest in shares provided that the recipient remains an employee at the third anniversary of the grant (the normal vesting date), and only to the extent that the performance targets attached to the scheme are met. This criteria is based on a sliding scale which may result in less than the full award vesting.

Total holdings of LTIPS following this grant:

Keith Attwood - 297,600

Mike Hannant - 196,076

Total holdings of ordinary shares at the date of this announcement:

Keith Attwood - 1,346,732 - 2.15%

Mike Hannant - 531,674 - 0.85%

Enquiries:

e2v technologies plc Tel: 01245 453437

Keith Attwood, Chief Executive

Mike Hannant, Finance Director

www.e2v.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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