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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Triplearc | LSE:TPA | London | Ordinary Share | GB0031067340 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.92 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0656O TripleArc PLC 18 December 2006 18 December 2006 TripleArc plc (the "Company") Grant of Options to Directors TripleArc Plc, the UK based provider of technology enhanced print management solutions, announces that on the 15th December 2006 options over 3,937,500 ordinary shares of 5p each in the share capital of the Company were granted to Jason Cromack, CEO (the "CEO Options") and options over 3,240,000 ordinary shares of 5p each in the share capital of the Company were granted to Richard Hodgson, CFO (the "CFO Options" which together with the CEO Options are the "Options"). Vesting of the Options is dependent upon the achievement by the Company of performance targets, set by the Remuneration Committee of the Board, based upon current market expectations, as follows: * 50 per cent of the CEO Options and 50 per cent of the CFO Options vest upon the Company reporting earnings before interest, tax, amortisation, exceptional charges and FRS20 share option expenses ("Adjusted EBITA") in the year ending 31 December 2006 at least in line with current market expectations. * 50 per cent of the CEO Options and 50 per cent of the CFO Options vest upon the Company reporting Adjusted EBITA in the year ending 31 December 2007 at least in line with current market expectations. Details of the grant of options are as follows: Director Number of options granted Exercise price Date of disclosure Period during which exercisable Jason Cromack 3,937,500 5p per share 15th December 2006 On announcement of results for year ended 31 December 2006 to 14th December 2016 Richard Hodgson 3,240,000 5p per share 15th December 2006 On announcement of results for year ended 31 December 2006 to 14th December 2016 Further Information: Julian Holmes TripleArc plc 0117 933 1000 Nick Dibden Weber Shandwick Square Mile 020 7067 0700 This information is provided by RNS The company news service from the London Stock Exchange END RDSVELFFQLBLFBL
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