Skip to main content

10.5 Share Incentive Plan (SIP)

During the year, Cynthia Carroll and René Médori both purchased 65 shares under the SIP, in addition to the shares held by them at 1 January 2008. If these shares are held for three years, they will be matched by the Company on a one-for-one basis, conditional upon the director’s continued employment. In addition, Cynthia Carroll and René Médori were each awarded 90 free shares under the SIP in March 2008. Participants in the SIP are entitled to receive dividends on their shares.