14:17 Tue 15 Dec 2020
Naked Wines PLC - Grant of awards under existing term incentive plan
Naked Wines plc
For Immediate Release
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
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
| |
| Investec
| Tel: 0207 597 5970 |
| Jefferies International Limited
| Tel: 0207 029 8000 |
| Instinctif Partners (PR Agency) | Tel: 0207 457 2020 or 07917 178 920
|
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