Naked Wines PLC Grant of awards under existing term incentive plan (7495I)
15 Dicembre 2020 - 3:17PM
UK Regulatory
TIDMWINE
RNS Number : 7495I
Naked Wines PLC
15 December 2020
Naked Wines plc
For Immediate Release
15 December 2020
Naked Wines plc
(the "Company")
Grant of awards under existing long term incentive plan
Naked Wines plc announces that the following share awards have
been granted under the Company's Long Term Incentive Plan:
Conditional share awards over a total of 22,564 ordinary shares
of 7.5 pence each in the Company ("Ordinary Shares") were granted
to 30 new employees and those who have changed roles in the period
pursuant to the Company's Long Term Incentive Plan ("LTIP").
The LTIP awards will normally vest on the third anniversary of
the date of grant, subject to meeting certain strategic,
operational, financial and shareholder return performance criteria
and the continued employment of the participant. Clawback
provisions contained in the rules of the LTIP can be applied to
awards made to all participants.
No new Ordinary Shares have been issued as a result of these
grants.
There are 2,763,922 unvested conditional share awards under the
Company's employee share schemes, equating to approximately 3.78%
of the issued ordinary share capital of the Company.
For further information, please contact:
Naked Wines plc ir@nakedwines.com
Nick Devlin, Chief Executive
Officer
James Crawford, Chief Financial
Officer
Investec Tel: 0207 597 5970
(NOMAD & Joint Corporate Broker)
David Flin / Carlton Nelson
Jefferies International Limited Tel: 0207 029 8000
(Joint Corporate Broker)
Ed Matthews / Harry Clements
Instinctif Partners (PR Agency) Tel: 0207 457 2020 or 07917
Damian Reece / Guy Scarborough 178 920
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END
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