REG - Digital Barriers plc - LTIP Grant to Executive Directors <Origin Href="QuoteRef">DGB.L</Origin>

ThruvisionAnnouncement

16/07/2015 13:57

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
(no. of shares) made
on 2 July 2015
Total number of shares
under option following
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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