2nd Jan 2007 09:17
Assura Group Limited02 January 2007 Assura Group Limited ("Assura" or the "Company") Chairman's Incentive Following recommendations from Assura's Remuneration Committee to the Board ofAssura and in order to bring the incentive and remuneration structure of MarkJackson, non-executive Chairman of Assura, in line with other members of thesenior Assura team: (a) his existing bonus arrangement (as detailed and provided for in theCompany's accounts) will be cancelled for a cash payment of £500,000; and (b) he will be awarded 500,000 units pursuant to the Assura Executive EquityIncentive Plan, under which he will become entitled on 31 December 2010 to anumber of shares held in the Assura employee benefit trust determined by theextent to which the TSR performance conditions are satisfied. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Assura