Last checked at 28 Jul 2016 14:57
28 July 2016
Digital Barriers plc
("Digital Barriers" or the "Group")
Long Term Incentive Plan ("LTIP") grant to Executive Directors
Digital Barriers (AIM: DGB) the specialist provider of visually intelligent technologies to the global surveillance, security and safety markets, announces that the Remuneration Committee of the Group has today made a conditional grant of options to Zak Doffman, Colin Evans and Sharon Cooper, under the rules of The Digital Barriers Long Term Incentive Plan (the "Plan"), over Ordinary 1p shares.
The award comprises a top-up award of nil cost options as follows:
Top-up award (no. of shares) | Total number of shares under option following award | |
Zak Doffman | 500,000 | 1,625,523 |
Colin Evans | 250,000 | 875,523 |
Sharon Cooper | 200,000 | 554,602 |
The vesting and exercise of the awards made today are subject to certain performance conditions relating to profit and revenue in the performance period.
Full details of the previous award under the Plan are given in the Group's announcement dated 2 July 2015 and full details of the Plan can be found in the Digital Barriers 2016 Annual Report on page 34.
For further information please contact: | |
Digital Barriers plc | +44 (0)20 3553 5888 |
Zak Doffman, Chief Executive Officer | |
Sharon Cooper, Chief Financial Officer | |
Investec Investment Banking | +44 (0)20 7597 5970 |
Andrew Pinder / Dominic Emery | |
FTI Consulting LLP | +44 (0)20 3727 1000 |
Edward Bridges / Matt Dixon |
About Digital Barriers:
Digital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies.
Our rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-worn applications, have been sold into more than fifty countries, and have been proven in some of the world's most demanding operational environments. We also provide advanced video content analysis and body scanning to identify safety concerns and threats in real-time.
www.digitalbarriers.com