Digital Barriers plc LTIP Grant to Executive Directors (0613S)

TIDMDGB

RNS Number : 0613S

Digital Barriers plc

02 July 2015

2 July 2015

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 advanced surveillance technologies to the security and defence sectors, announces an LTIP grant to the Executive Directors.

On 2 July 2015 the Remuneration Committee of the Group made a conditional grant 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     Total number 
                   (no. of shares)     of shares 
                        made          under option 
                      on 2 July        following 
                        2015             award 
---------------  -----------------  -------------- 
 Zak Doffman         1,000,000         1,125,523 
---------------  -----------------  -------------- 
 Colin Evans          500,000           625,523 
---------------  -----------------  -------------- 
 Sharon Cooper        250,000           375,523 
---------------  -----------------  --------------

The vesting and exercise of the awards made on 2 July 2015 are subject to certain performance conditions relating to revenue and profit in the performance period.

Full details of the previous award under the Plan are given in the Group's announcement dated 12 June 2014 and full details of the Plan can be found in the Digital Barriers 2014 Annual Report on page 34.

For further information, please contact:

 
 Digital Barriers plc          Tel: 0203 553 5888 
 Tom Black, Non-Executive 
  Chairman 
 John Woollhead, Company 
  Secretary 
 
 Investec Investment Banking   Tel: 020 7597 5970 
 Andrew Pinder / Dominic 
  Emery 
 
 FTI Consulting LLP            Tel: 020 3727 1000 
 Matt Dixon / Edward Bridges

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

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