As a result, the new long term incentive plan
awards which were "planned for issuance in May 2019 subsequent to the release of annual results" have been cancelled with no future awards to be made.
Scandi Standard (STO:SCST) announced on Monday that it has commenced a share purchase programme, to secure the cost and delivery of shares to participants in the company's Long Term Incentive Plan
Ross McEvan of Royal Bank of Scotland (LON: RBS) has been given shares valued at GBP1.7m as per a long term incentive plan
, according to the bailed out bank.
The average long term incentive plan
(LTIP) was worth PS938,888 this year thanks to rising share prices.
And under a performance related Long Term Incentive Plan
(LTIP) introduced this year he was also given 39,901 shares, which can only be cashed in if the company meets tough criteria in its earnings per share growth.
EV Energy Partners LP (NasdaqGS:EVEP) stated on Tuesday that it has received the unitholders approval for the 2016 Long Term Incentive Plan
and the ratification of Deloitte & Touche LLP as the former's independent registered public accounting firm for the fiscal year ending 31 December 2016 during a special meeting of the unitholders.
The executive directors of Kingfisher, currently putting the finishing touches to an pounds 18 billion merger with Asda, are set to receive just under pounds 1 million from the retail conglomerate's long term incentive plan
- over three times the amount they received last year, according to the store giant's latest report and accounts.
Asda said Mr Leighton had exercised options under the executive share option scheme and the long term incentive plan
by buying 779,390 of its shares at an average option price of 84p, worth pounds 654,687.
The pounds 1million would be the second stage of what is known as the Long Term Incentive Plan
The sale of the 423.2m Direct Line shares to institutional investors was carried out at GBP2.63 apiece, the lender said, adding it had kept only 4.2m shares held to satisfy long term incentive plan
awards granted by RBS to Direct Line Group management.