Director LTIP Award
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Accsys, the world's leading supplier of premium, high performance and sustainable wood building materials, today announces that Sameet Vohra, Chief Financial Officer, has been granted an LTIP award in accordance with the terms of the Company's Long-Term Incentive Plan (LTIP) rules.
The LTIP award is nil priced options over a total of 401,516 Ordinary Shares.
The awards will vest three years after grant, subject to the terms of the LTIP Rules, including continued employment of the beneficiary by the Company and satisfaction of performance targets. Information in relation to the performance conditions will be contained in the Directors' Remuneration Report for the year ended 31 March 2025. A two-year holding period applies to this award.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Sameet Vohra |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Accsys Technologies PLC |
| b) | LEI | 213800HKRFK8PNUNV581 |
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares of €0.05 each GB00BQQFX454 |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 401,516 |
| d) | Aggregated information - Aggregated volume - Price | n/a |
| e) | Date of the transaction | 27 November 2024 |
| f) | Place of the transaction | n/a |
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