Share Awards to Executive Directors
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your EAH notes
ECO Animal Health Group plc (AIM: EAH), a rapidly growing global animal health company with a portfolio of marketed veterinary products and a maturing proprietary R&D pipeline, announced that on 21 March 2024, nominal cost conditional share options were granted under the Company's Long Term Incentive Plan (the "LTIP") over 176,652 ordinary shares in the Company (representing approximately 0.26 percent of the Company's issued share capital) to Executive Directors listed below.
| Name | Position | Number of Share Awards |
|---|---|---|
| David Hallas | Chief Executive Officer | 101,403 |
| Chris Wilks | Chief Financial Officer | 75,249 |
These awards under the LTIP are subject to performance conditions being met which have been set by the Company's Remuneration Committee and relate to Total Shareholder Return ("TSR") and Research and Development ("R&D") targets. Subject to the performance conditions being met, awards will vest after the end of a three year vesting period. Further details on the LTIP can be found in the Company's 2022 Annual Report.
| a. | Name | David Hallas | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Chief Executive Officer | ||||
| b. | Initial notification /Amendment | Initial notification | ||||
| a. | Name | Eco Animal Health Group Plc | ||||
| b. | LEI | 2138009XN9DJ3YP70B55 | ||||
| a. | Description of the Financial instrument, type of instrument Identification code | Options over ordinary shares of 5p each. GB0032036807 | ||||
| b. | Nature of the transaction | Award of nominal cost conditional share awards under the Company's LTIP. | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information Aggregated volume Price | n/a | ||||
| f. | Place of the transaction | Outside a trading venue. | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Chris Wilks | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Chief Financial Officer | ||||
| b. | Initial notification /Amendment | Initial notification | ||||
| a. | Name | Eco Animal Health Group Plc | ||||
| b. | LEI | 2138009XN9DJ3YP70B55 | ||||
| a. | Description of the Financial instrument, type of instrument Identification code | Options over ordinary shares of 5p each. GB0032036807 | ||||
| b. | Nature of the transaction | Award of nominal cost conditional share awards under the Company's LTIP. | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information Aggregated volume Price | n/a | ||||
| f. | Place of the transaction | Outside a trading venue. |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.