Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that on 2 November 2016 the Company’s executive directors were granted nil cost option awards over ordinary shares of US$0.0001 value under the SafeCharge Long Term Incentive Plan 2016 as noted below:
|
Executive Directors |
Number of Shares under Award |
|
David Avgi |
296,128 |
|
Tim Mickley |
136,674 |
|
Yuval Ziv |
123,007 |
Subject to the terms of the SafeCharge Long Term Incentive Plan, the awards granted will ordinarily vest and become exercisable from 1 March 2019, subject to the grantee’s continued service and to the extent to which Adjusted EBITDA performance criteria are met over a measurement period comprising three financial years of SafeCharge’s commencing with the current financial year.