Tecnotree Board of Directors approves the Long Term Incentive (LTI) plan for 2019-2022 and the issuance of shares to Tecnotree; Board of Directors resolves upon a directed share issue to CEO
Tecnotree announced today that its Board of Directors has approved the company's employee incentive program for 2019-2022 (the "LTI Plan") designed to align the participants' focus with Tecnotree’s growth strategy and long-term success. The LTI Plan includes the following instrument: · Restricted Share Units (RSUs) giving a contractual right to receive shares over the next 3 year period as per an equated semi-annual vesting schedule. LTI Plan Objective Having shown recovery from a difficult period where bonus pay-outs and salary increments were suspended for the key employees and