Long Term Incentive Plan Awards

Long Term Incentive Plan Awards

PayPoint plc (the ‘Company’) announces that on 2 June 2016, the Remuneration Committee has granted the following conditional share awards to executive directors and Persons Discharging Managerial Responsibility ('PDMRs') under the Company’s Long Term Incentive Plan (the ‘LTIP’).
In accordance with the rules, LTIP awards were granted on the 2 June 2016 at a price of £9.40 per share (the mid-market price on the preceding dealing day) as follows:

Executive Director LTIP Award
Dominic Taylor 75,585                    
George Earle 46,104
Tim Watkin-Rees 43,310

 

PDMR LTIP Award
David Roe 8,510           
Jon Marchant 11,170
Katy Wilde 7,287
Kush Parikh* 17,349
Lewis Alcraft 19,148
Susan Court 9,042

The release of LTIP awards to participants is dependent upon the ‘total shareholder return’ performance of the Company relative to its comparator group measured over a three year period from the date of grant.


* Shadow LTIP