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Long Term Incentive Plan

24 Jun 2009 15:37

RNS Number : 4470U
e2v technologies PLC
24 June 2009
 



24 June 2009

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 - 126,000 shares

Charles Hindson, Finance Director - 166,750 shares

An award amounts to a contractual right to acquire an interest in sharesprovided 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 criterion 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 - 358,800

Charles Hindson  - 166,750

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

Keith Attwood - 1,375,643 - 2.20%

Charles Hindson - Nil

Further enquiries:

e2v technologies plc

Keith Attwood, Chief Executive

Charles Hindson, Group Finance Director

Tel: 01245 493 493

Website: www.e2v.com

Financial Dynamics

Jon Simmons / Susanne Yule

Tel: 020 7269 7291

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