23rd Dec 2008 17:13
InterQuest Group plc
Long Term Incentive Plan 2008
On 23 December 2008 the Remuneration Committee of the Board of Directors approved the Rules of, and established, the InterQuest Group Long Term Incentive Plan 2008 ("the Plan") and, in accordance with the Plan, granted options to certain members of the Group's senior management team.
Certain Directors were also granted options as follows:
|
Director
|
No. of EMI options granted
(Exercise Price)
|
Total no. of options held following this grant and relevant exercise price
|
|
Ross Eades
|
206,452
(£0.01)
|
206,452 at £0.01
259,400 at £0.25
50,000 at £0.55
|
|
Michael Joyce
|
169,839
(£0.01)
|
169,839 at £0.01
30,000 at £0.48
70,000 at £0.55
100,000 at £1.165
|
|
Alan Found
|
38,709
(£0.01)
|
38,709 at £0.01
126,000 at £0.25
|
The options granted today have an exercise price of £0.01 and cannot normally be exercised before 1 January 2012. Sixty per cent. of the total options granted today are dependent upon the Group's EBIT performance in 2009, 2010 and 2011.
Fur further information please contact Michael Joyce, Company Secretary on 020 7025 0100.
Related Shares:
InterQuest Group