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Long Term Incentive Plan

4th Sep 2008 17:28

RNS Number : 7970C
e2v technologies PLC
04 September 2008
 



e2v technologies PLC

4 September 2008

e2v technologies PLC

Long Term Incentive Plan

e2v technologies plc (the 'Group') announces that on Wednesday 3rd September 2008, conditional share awards under the group's Long Term Incentive Plan ('LTIP') vested in respect of 28,911 shares for Keith Attwood, CEO and 24,781 shares for Mike Hannant, Finance Director.

These LTIP awards were subject to performance criteria based on the Total Shareholder Return of the Group relative to the Total Shareholder Return of a peer group of companies and were awarded for nil consideration.

Mr Attwood has retained ownership of the resulting shares and has not sold any to pay for the tax liabilities arising. Mr Hannant has sold 10,532 of the resulting shares to pay for the tax liability arising.

Following these transactions, Mr Attwood holds 1,375,643 ordinary shares, representing 2.20% of the issued share capital, and conditional share awards under the LTIP of 232,800 shares. Mr Hannant holds 545,923 ordinary shares, representing 0.87% of the issued share capital, and conditional share awards under the LTIP of 140,525 shares.

Enquiries:

e2v technologies plc

Tel: 01245 493493

Keith Attwood/Mike Hannant

www.e2v.com

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

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