Digital Barriers plc Sharesave option grant to Executive Director (7021F)
July 29 2016 - 9:00AM
UK Regulatory
TIDMDGB
RNS Number : 7021F
Digital Barriers plc
29 July 2016
29 July 2016
Digital Barriers plc
("Digital Barriers" or the "Group")
Sharesave option grant to Executive Director
Digital Barriers (AIM: DGB) the specialist provider of visually
intelligent technologies to the global surveillance, security and
safety markets, announces a grant of share options under the
Digital Barriers Sharesave scheme (the "Scheme").
Earlier today the Remuneration Committee of the Group granted,
under the rules of the Scheme, an option over 46,683 Ordinary 1p
shares with an exercise price of 31 pence per share to Sharon
Cooper, Chief Financial Officer.
The exercise price, set on 30 June 2016, is calculated on the
basis of 80% of the closing middle market price of Digital Barriers
shares on 29 June 2016. The option may be exercised between 1
October 2019 and 31 March 2020, assuming the conditions of the
Scheme are met.
Immediately prior to this grant, Sharon Cooper did not have any
entitlement under the Scheme following her cancellation of
participation in the Scheme in respect of options previously
granted to her on 8 July 2014.
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 +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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