The company's shareholders adopted the 2014 Share Incentive Plan
, under which the maximum aggregate number of shares which may be issued pursuant to all awards is 21,000,000 shares.
Having introduced the share incentive plan
they have now established an employee benefit trust which has a golden share - a nominal share able to outvote all other shares in certain specified circumstances.
The SAYE Sharesave scheme started in 1980, and the Share Incentive Plan
started in 2000, which drip-feeds shares to employees on a monthly basis.
Some 14 eligible staff of the business, a leading provider of ventilation, building management and smoke control solutions, have taken part ownership through a Revenue and Customs (HMRC) approved share incentive plan
The partners each purchased 27 shares and were also allocated the same number of free matching shares as set out under the Company's Share Incentive Plan
The company's benefits include a pension scheme, the Britvic Share Incentive Plan
, company cars and flexible benefits that allow employees to choose from a menu of benefits such as extra holidays, private healthcare, childcare vouchers etc.
In a separate announcement, the company issued notice pursuant to the relevant disclosure and transparency rules that four persons (Michel Combes, Andrew Halford, Matthew Kirk and Stephen Scott) holding a directorship or otherwise employed in a managerial role each acquired 182 shares in the company, pursuant to the rules of the Vodafone Group Share Incentive Plan
Under the Share Incentive Plan
you buy up to pounds 1,500 of "partnership shares" from pre-tax pay.
The figure represents theamount of tax which could be saved if each of the estimated 865,000 staff currently in savings-related share option scheme invested just half the level of investment permitted under the Government's Share Incentive Plan
(pounds 1,500 each), launched in 2001.
He can also draw on benefits worth pounds 593,140 from a medium-term share incentive plan
- taking his total potential payout to about pounds 3.
Another part of the offer is a share incentive plan
enabling employees to buy Peugeot Group shares tax-free and in return receive some free shares from Peugeot Group.
The revised guidance calls for 2010 net income to be in the range of $82 million to $85 million (on a non-GAAP basis, exclusive of non-cash charges for (i) share based compensation in connection with grants under the Company's share incentive plan
expected to be adopted later in 2010 and (ii) deemed dividends on outstanding convertible preferred shares), compared to the initial 2010 net income guidance of $71 million to $75 million.