REG - Trifast PLC - NOTIFICATION OF SHARE AWARDS
RNS Number : 2466STrifast PLC22 June 2018
Friday, 22 June 2018
Trifast plc
(the "Company")
NOTIFICATION OF SHARE AWARDS
The Company announces that, further to the terms set out in the Company's Remuneration Policy, the Remuneration Committee has granted the following LTIP awards to the Executive Directors in the form of ordinary shares of 5p each in the Company ("Ordinary Shares") under the terms of the Year End 2018 Long Term Incentive Plan Scheme, and these awards have been accepted by the Executive Directors. The scheme includes a three-year vesting period for these awards as well as an ongoing corporate performance requirement for the period until vesting. No payment will be made for the grant or vesting of these awards.
Name
Position
Number of deferred share bonus awards1
Mark Belton
Chief Executive Officer
216,346
Clare Foster
Chief Financial Officer
165,865
Geoff Budd2
Managing Director, TR Europe
151,442
Glenda Roberts
Group Sales Director
151,442
1 Calculated using a share price of £2.08 being the share price on the last business day prior to the grant date of 30 September 2017 to which the 'Year End 2018 Long Term Incentive Plan Scheme' relates
2 Retired from the Board 31 March 2018
Enquiries:
Trifast plc
Lyndsey Case
Company Secretary
Tel: +44 (0) 1825 769696
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