Digital Barriers plc Sharesave option award to Executive Director (7382L)
July 08 2014 - 7:01AM
UK Regulatory
TIDMDGB
RNS Number : 7382L
Digital Barriers plc
08 July 2014
8 July 2014
Digital Barriers plc
("Digital Barriers")
Sharesave option award to Executive Director
Digital Barriers (AIM: DGB), the specialist provider of advanced
surveillance technologies to the international homeland security
and defence markets announces a grant of share options to Sharon
Cooper under the Digital Barriers Sharesave scheme (the
"Scheme").
On 8 July 2014 the Remuneration Committee of the Group granted,
under the rules of the Scheme, an option over 18,750 Ordinary 1p
shares with an exercise price of 96 pence per share to Sharon
Cooper.
The exercise price, set on 12 June 2014, is calculated on the
basis of 80% of the closing middle market price of Digital Barriers
shares on 11 June 2014. The option may be exercised between 1
August 2017 and 31 January 2018, assuming the conditions of the
Scheme are met.
Prior to this grant Sharon Cooper did not have any entitlement
under the Scheme.
Full details of the Scheme can be found in the Notice of General
meeting held on 1 November 2013 and available at
www.digitalbarriers.com/investors/investorsfinancialreporting/
For further information, please contact:
Digital Barriers plc Tel: 020 7940 4740
Tom Black, Chairman
John Woollhead, Company Secretary
Investec Investment Banking Tel: 020 7597 5970
Andrew Pinder
Dominic Emery
FTI Consulting Tel: 020 3727 1000
Edward Bridges
Matt Dixon
About Digital Barriers
Digital Barriers provides advanced surveillance technologies to
the international homeland security and defence markets,
specialising in 'edge-intelligent' solutions that are designed for
remote, hostile or complex operating environments. We work with
governments, multinational corporations and system integrators in
the defence, law enforcement, critical infrastructure,
transportation and natural resources sectors. Our surveillance
technologies have been successfully proven on some of the most
demanding operational and environmental deployments around the
world.
www.digitalbarriers.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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