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RNS Number : 5208J
Digital Barriers plc
12 June 2014 
 
12 June 2014 
 
Digital Barriers plc 
 
("Digital Barriers" or the ''Group'') 
 
Long Term Incentive Plan ("LTIP") grant to Executive Director's 
 
Digital Barriers (LSE AIM: DGB), the specialist provider of advanced
surveillance technologies to the international homeland security and defence
markets announces an LTIP grant to Executive Directors. 
 
On 12 June 2014 the Remuneration Committee of the Group made a conditional
grant to Colin Evans, Zak Doffman and Sharon Cooper, under the rules of The
Digital Barriers Long Term Incentive Plan (the "Plan"), over Ordinary 1p
shares. 
 
The award comprises three elements, as detailed below: 
 
·      An award of HMRC approved Options at an exercise price of £1.195; 
 
·      an award of nil cost parallel options; and 
 
·      a top-up award of nil cost options. 
 
                HMRC approvedoptions(no of shares)  Value of Parallel options£  Top-up award(no of shares)  
 Colin Evans    25,104                              £29,999.28                  100,419                     
 Zak Doffman    25,104                              £29,999.28                  100,419                     
 Sharon Cooper  25,104                              £29,999.28                  79,498                      
                
 
 
All the above awards are subject to a performance condition whereby if Total
Shareholder Return (TSR) exceeds 10% per annum in the three years from date of
grant the award will vest in full. If TSR is less than 5% per annum in the
three years from date of grant the awards will lapse. If TSR is equal to 5%
per annum in the three years from date of grant 25% of the awards will vest.
If TSR is greater than 5% per annum but less than 10% per annum in the three
year period from date of grant the awards will vest on a straight line basis
between 25% and 100%. 
 
Prior to this grant Colin Evans, Zak Doffman and Sharon Cooper did not have
any entitlement under the Plan. 
 
Full details of the Plan can be found in the 2014 Annual Report on page 34. 
 
For further information, please contact: 
 
 Digital Barriers plcTom Black, Chairman  Tel: 020 7940 4740  
 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