Paypoint Regulatory News (PAY)

20 Sep 2005 15:31

PayPoint PLC20 September 2005 20th September 2005 PayPoint plc PayPoint plc announces that on 19th September 2005 the Remuneration Committeehas granted the following conditional share awards to the Executive Directorsunder the Company's Long-Term Incentive Plan (the "LTIP"). In accordance with the rules of the LTIP, LTIP awards were granted on 19thSeptember 2005 at a price of £2.8825 per share (the closing share price on thepreceding dealing day) as follows: Director LTIP Award Thomas Vogt-Skard 17,346 Mike Igoe 17,346 John Lee 22,550 The release of awards to participants under the Long Term Incentive Plan aredependent upon the Total Shareholder Return performance of the Company relativeto its comparator group measured over a three year period from the date ofgrant. - ends - This information is provided by RNS The company news service from the London Stock Exchange