ECO Animal Health Group plc (LON:EAH) has announced that on 21 December 2023 deferred nominal cost share options were granted under the Company’s Deferred Bonus Plan (“DBS”) over 44,562 ordinary shares in the Company (representing approximately 0.07 percent of the Company’s issued share capital) to two Executive Directors listed below. These awards relate to the deferral of 33% of the annual bonus for Executive Directors earned in respect of the Company’s financial year ended 31 March 2023.
Name | Position | Number of Deferred Share Options |
David Hallas | Chief Executive Officer | 26,985 |
Chris Wilks | Chief Financial Officer | 17,577 |
As indicated in the Circular to shareholders dated 4 February 2021, the DBS has been established to allow the Remuneration Committee to require a significant part of the annual bonuses paid to Executive Directors to be deferred in exchange for an award of nominal cost options which vest after 3 years.
ECO Animal Health Group plc researches, develops and commercialises products for livestock. Our business strategy is to generate shareholder value by achieving the maximum sales potential from the existing product portfolio whilst investing in Research and Development (“R&D”) for new products, particularly vaccines, and seeking to in-license new products.