ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TRCS Tracsis Plc

920.00
10.00 (1.10%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tracsis Plc LSE:TRCS London Ordinary Share GB00B28HSF71 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 1.10% 920.00 910.00 930.00 920.00 910.00 910.00 16,335 13:48:37
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 82.02M 6.81M 0.2277 40.40 274.98M

Tracsis PLC Grant of options (5528G)

02/03/2018 12:12pm

UK Regulatory


Tracsis (LSE:TRCS)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Tracsis Charts.

TIDMTRCS

RNS Number : 5528G

Tracsis PLC

02 March 2018

2 March 2018

Tracsis plc

("Tracsis" or the "Group")

Grant of options

Tracsis announces that, following a meeting of the Group's remuneration committee on 20 December 2017, it formally granted 44,342 share options on 28(th) February 2018 to John McArthur, Chief Executive Officer.

This award is part of Tracsis' Long Term Incentive Plan (LTIP) and is designed to retain and motivate Executive Directors whilst at the same time setting challenging performance targets that are specifically aligned with the Group's strategic goals and shareholder interests.

The options awarded have an exercise price of 0.4p and are directly linked to performance targets based on Group profitability and Total Shareholder Return relative to an AIM peer group determined by Tracsis' remuneration committee.

Full award is only exercisable should statutory diluted Earnings Per Share (EPS) for the year ending 31 July 2020 be at least 16.87p, and Total Shareholder Return (TSR) versus AIM peer group is in the top quartile. Where statutory diluted EPS for the year ending 31 July 2020 be less than 13.87p, and TSR versus the peer group is less than the median, no options will be exercisable. For scenarios between the above range, the options will be exercisable on a straight line sliding scale basis.

The resulting interests of John McArthur in Tracsis plc can be summarised as follows:

 
                  Ordinary   % of issued   LTIP Options   LTIP Options   LTIP Options 
                   shares     share         held prior     awarded        after 
                   of 0.4p    capital       to this                       this award 
                   held                     award 
 
 John McArthur    957,783    3.4%          81,227         44,342         125,569 
 

For more information please contact:

 
 John McArthur/Max Cawthra,    Tel: 0845 125 
  Tracsis plc                   9162 
 Andrew Pinder/Seb Lawrence,   Tel: 020 7597 
  Investec Bank plc             4000 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHGMGGFZZNGRZM

(END) Dow Jones Newswires

March 02, 2018 07:12 ET (12:12 GMT)

1 Year Tracsis Chart

1 Year Tracsis Chart

1 Month Tracsis Chart

1 Month Tracsis Chart

Your Recent History

Delayed Upgrade Clock