UK touch screen and laminated glass products specialist Zytronic PLC said it has granted an incentive award to chief executive Mark Cambridge of over a maximum of 200,000 shares in the company at a ve…
UK touch screen and laminated glass products specialist Zytronic PLC said it has granted an incentive award to chief executive Mark Cambridge of over a maximum of 200,000 shares in the company at a vesting price of GBP 0.25 each. The company said that vesting of the shares up to the maximum number available is dependent on reaching certain performance criteria linked to an increase in earnings per share (EPS) in each of the three years ending 30 September 2011. However, if the target EPS is not achieved by the year ending 30 September 2011, there will be a decreasing maximum number of shares which could vest depending on the achievement of the target EPS by no later than the year ending 30 September 2013.
