Gemalto B.V.
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Publicatie datum
23 dec 2014 - 07:00
Statutaire naam
Gemalto B.V.
Titel
Gemalto to issue ordinary shares to fund long-term employee incentive plans
Bericht
Amsterdam, December 23, 2014 - Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, today announces that it will start issuing ordinary shares for the purpose of the Gemalto N.V. Global Equity Incentive Plan ("GEIP").
GEIP are conditional long-term incentive plans aligned with the Company's objectives and dependent on the Company's performance against final and intermediate targets. They cover eligible employees, globally. The number of shares to be issued is limited by the shareholders' authorizations to the Board, existing at the time of the grant of employee conditional awards. The current authorization, in place since May 2014, allows the issuance of up to 5% of the issued share capital over 5 years with an annual cap of 1.5%.
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