Scotland's salmon share giveaway
The scheme encompasses up to 3,000,000 shares and it aims enhance SSC's ability to hire the best talent as well as to provide long-term incentive compensation to selective employees who exceed annual performance objectives.
Under the EEIS, participating individuals will be awarded shares to motivate them to contribute to the continued success and profitability of the company, as well as deliver outstanding results. Participants will receive free share options which, if exercised by the relevant option holder, will be released and transferred to them as shares. One option gives the right to subscribe for one share at an exercise price equal to the market price at the time of the grant, subject to standard share capital adjustments.
In accordance with the Board of Directors' authorization, Managing Director, Craig Anderson, has received 740,203 Share Options under the EEIS.