VGL vista group international limited

Ann: ALLOT: VGL: Vista Group Share Issue - Staff reward and retention

  1. lightbulb Created with Sketch. 2
    • Release Date: 23/12/14 11:32
    • Summary: ALLOT: VGL: Vista Group Share Issue - Staff reward and retention
    • Price Sensitive: No
    • Download Document  963B
    					VGL
    23/12/2014 11:32
    ALLOT
    NOT PRICE SENSITIVE
    REL: 1132 HRS Vista Group International Limited
    
    ALLOT: VGL: Vista Group Share Issue - Staff reward and retention
    
    Vista Group Share Issue - Staff reward and retention
    
    Vista Group International Limited has today issued a total of 160,000
    ordinary shares equating to 0.2% of issued capital to 3 senior staff members
    as part of a reward and retention plan. This will increase the total shares
    on issue to 79,973,089.
    
    The shares have been issued with a zero issue price. They are subject to
    retention and escrow through until 31 March 2016, with a right of repurchase
    by the company at zero value should the staff member leave in the retention
    period.
    
    This issue is in advance of the wider LTI scheme (as provided in the
    prospectus dated 3 July 2014) which is planned to be introduced during the
    2015 year.
    
    Brian Cadzow
    Director - Finance & Legal
    End CA:00259315 For:VGL    Type:ALLOT      Time:2014-12-23 11:32:16
    				
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.