We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Enteq Technologies Plc | LSE:NTQ | London | Ordinary Share | GB00B41Q8Q68 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.00 | 8.50 | 9.50 | 9.00 | 9.00 | 9.00 | 5,000 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil & Gas Field Machy, Equip | 6.25M | -2.8M | -0.0397 | -2.27 | 6.36M |
TIDMNTQ
RNS Number : 3361O
Enteq Upstream PLC
17 August 2017
Enteq Upstream plc
(the "Company" or the "Group")
Awards under the Enteq Upstream plc Performance Share Plan ("PSP")
Enteq Upstream plc announces that its Remuneration Committee approved a further grant of awards under the Performance Share Plan ("PSP") that came into effect on 17 August 2017. The PSP was initially approved on 17 September 2014 and applies to the Executive Directors as well as other Executive Managers.
The awards pursuant to the PSP, combined with the on-going all employee share option scheme already in existence, will remain within the overall limits already approved by the Company's shareholders.
This further grant has a vesting date of 31 March 2020. The performance condition relates solely to the achievement of a cumulative adjusted EBITDA target. This target is set and monitored by the Remuneration Committee and an aggregated adjusted EBITDA covering each of the financial years ending 31 March 2018, 31 March 2019 and 31 March 2020 will need to be achieved. The consideration payable for these awards is 1p per ordinary share of 1p each in the capital of the Company ("Ordinary Shares").
Martin Perry (CEO) was provisionally granted, subject to the performance conditions and rules of the scheme, a maximum of 540,000 Ordinary Shares, taking the total granted under the PSP to date, to 1,458,219 Ordinary Shares. David Steel (Finance Director) was provisionally granted, subject to the performance conditions and rules of the scheme, a maximum of 270,000 Ordinary Shares, taking his total granted under the PSP, to date, to 658,664 Ordinary Shares.
For further information, please contact: Enteq Upstream plc +44 (0) 1494 618739 Martin Perry, Chief Executive Officer David Steel, Finance Director Investec Bank plc (Nomad and Broker) +44 (0) 20 7597 5970 Chris Treneman, Patrick Robb, David Anderson 1. Details of the person discharging managerial responsibilities/person closely associated --- --------------------------------------------------------------------- a) Name 1. Martin Perry 2. David Steel --- ------------------------------- ------------------------------------ 2. Reason for the notification --- --------------------------------------------------------------------- a) Position/status 1. Chief Executive Officer 2. Finance Director --- ------------------------------- ------------------------------------ b) Initial notification/Amendment Initial notification --- ------------------------------- ------------------------------------ 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- --------------------------------------------------------------------- a) Name Enteq Upstream --- ------------------------------- ------------------------------------ b) LEI n/a --- ------------------------------- ------------------------------------ 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted --- --------------------------------------------------------------------- a) Description of the financial Options over ordinary instrument, type of shares of 1 pence each instrument GB00B41Q8Q68 Identification code --- ------------------------------- ------------------------------------ b) Nature of the transaction Issue of options --- ------------------------------- ------------------------------------ c) Price(s) and volume(s) Price(s) Volume(s) --------- ----------------------- GBP0.01 1. 540,000 2. 270,000 --------- ----------------------- --- ------------------------------- ------------------------------------ d) Aggregated information Not applicable - single transaction --- ------------------------------- ------------------------------------ e) Date of the transaction 17 August 2017 --- ------------------------------- ------------------------------------ f) Place of the transaction Outside a trading venue --- ------------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFSETLIDLID
(END) Dow Jones Newswires
August 17, 2017 11:44 ET (15:44 GMT)
1 Year Enteq Technologies Chart |
1 Month Enteq Technologies Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions