Tag Archives: Spain

Digi Communications NV approved the implementation of stock option plan to the benefit of the officers and employees of Digi Spain S.L.U.

BUCHAREST, Romania, May-28-2018 — /EPR Financial News/ — Digi Communications NV (The Company) would like to inform the market and its investors that it approved the implementation of a stock option plan to the benefit of the officers and employees of Digi Spain S.L.U., the Company’s subsidiary in Spain. The maximum number of options of class B shares allocated to this plan amounts to 35,000. The grant of the stock options under this plan will be determined based on performance criteria and the vesting will be conditional upon the passage of a minimum duration of 1 year.

Also, in addition to the stock option plan for the Romanian officers and employees with respect to which the Company informed the market and its investors in December 2017, the Company also granted on 24 May 2017 conditional stock options to a limited number of Romanian directors and employees. The number of options of class B shares granted to such directors and employees amounts to a total of 250,000 stock options. The further vesting of all option shares granted will be conditional upon several performance criteria and the passage of a minimum duration of 1 year.

SOURCE: EuropaWire