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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quadnetics Grp | LSE:QDG | London | Ordinary Share | GB0007156838 | ORD 20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 290.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMQDG
RNS Number : 4906C
Quadnetics Group PLC
08 March 2011
Quadnetics Group plc
2009 Group Executive Shared Ownership Plan ("ExSOP")
Quadnetics Group plc (the "Company" or "Group"), a leader in the design, integration and control of advanced CCTV and networked video surveillance systems, announces that on 7 March 2011 it made a grant of awards over ordinary shares of 20p each in the capital of the Company ("Shares") under the 2009 ExSOP to the Executive Directors as detailed in the table below:-
Total no. of Shares subject to awards No. of Shares and Name Role subject to awards options now held John Shepherd Chief Executive 15,000 385,338 Nigel Poultney Finance Director 10,000 210,000
Under the provisions of the ExSOP, shares (the "ExSOP Shares") are jointly owned by nominated senior employees and by an employees' share trust, on terms, similar to a share option scheme, whereby the value of appreciation in the Company's share price over a minimum three year period accrues to the relevant employee, provided the Company meets certain performance thresholds.
The ExSOP Shares were awarded at GBP1.78 each, being the mid-market price of the Shares immediately prior to the award.
In addition to the above, John Shepherd holds 40,000 Shares, representing approximately 0.23 per cent. of the Company's issued share capital, and Nigel Poultney holds 13,000 Shares, representing approximately 0.1 per cent. of the Company's issued share capital and each has an interest in 338 Shares held in the Group's Employee Share Acquisition Plan.
Enquiries:
Quadnetics Group plc David Coghlan, Chairman Tel: +44 01527 850080 Arbuthnot Securities Limited Tel: +44 020 7012 2100 Tom Griffiths
This information is provided by RNS
The company news service from the London Stock Exchange
END
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