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Investegate |Brandshield Systems Announcements | Brandshield Systems: Award of Long Term Incentive Plan Options


 
BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, announces that on 15  April 2021 it awarded share options as part of a Long Term Incentive Plan over ordinary shares of £0.01 to two Executive Directors of the Company and a senior manager responsible for revenue generation (the LTIP Options ).  The LTIP Options are outlined in the table below. 
 
The Board is acutely aware of the requirement to align directors incentives with value delivered to the Company s shareholders.  The LTIP awards, as outlined in the Company s Admission Document dated 11 November 2020, incentivise the senior executives to deliver value through the growth of Annual Recurring Revenue ( ARR ) within clear milestone dates.  As well as being targeted at the Chief Executive Officer and Chief Technical Officer, this LTIP has been extended to include the Chief Revenue Officer of the Co ....

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