Digital Barriers plc LTIP Grant to Executive Directors (5605F)
July 28 2016 - 9:57AM
UK Regulatory
TIDMDGB
RNS Number : 5605F
Digital Barriers plc
28 July 2016
28 July 2016
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 visually
intelligent technologies to the global surveillance, security and
safety markets, announces that the Remuneration Committee of the
Group has today made a conditional grant of options 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
under option
following
award
--------------- ----------------- --------------
Zak Doffman 500,000 1,625,523
--------------- ----------------- --------------
Colin Evans 250,000 875,523
--------------- ----------------- --------------
Sharon Cooper 200,000 554,602
--------------- ----------------- --------------
The vesting and exercise of the awards made today are subject to
certain performance conditions relating to profit and revenue in
the performance period.
Full details of the previous award under the Plan are given in
the Group's announcement dated 2 July 2015 and full details of the
Plan can be found in the Digital Barriers 2016 Annual Report on
page 34.
For further information
please contact:
Digital Barriers plc +44 (0)20 3553 5888
Zak Doffman, Chief Executive
Officer
Sharon Cooper, Chief Financial
Officer
Investec Investment Banking +44 (0)20 7597 5970
Andrew Pinder / Dominic
Emery
FTI Consulting LLP +44 (0)20 3727 1000
Edward Bridges / Matt Dixon
About Digital Barriers:
Digital Barriers provides visually intelligent solutions to the
global surveillance, security and safety markets. We deliver
zero-latency streaming and analysis of secure video and related
intelligence over wireless networks, including cellular, satellite,
IP mesh and cloud, utilising significantly less bandwidth than
standard technologies.
Our rapidly-installed fixed and mobile solutions for covert,
remote and wide-area deployments, as well as vehicle and body-worn
applications, have been sold into more than fifty countries, and
have been proven in some of the world's most demanding operational
environments. We also provide advanced video content analysis and
body scanning to identify safety concerns and threats in
real-time.
www.digitalbarriers.com
This information is provided by RNS
The company news service from the London Stock Exchange
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