Restricted Share Plan 2017
Affecto established a Restricted Share Plan 2017 directed to Affecto’s non-executive employees in March 2017. Any rewards paid based on the plan will be paid partly in Affecto Plc shares and partly in cash, and the combined maximum amount to be paid corresponds to the value of 88,011 Affecto Plc shares, including the proportion paid in cash. The new share-based incentive plan includes one vesting period commencing 1 May 2017 and ending on 30 April 2019. The rewards are based on selected program participants’ valid and continuing employment during the vesting period.
Affecto is committed to supporting and growing both leadership and entrepreneurial thinking within its people, and this plan offers an important new vehicle for the Company to progress in that direction.