Tracsis grants options to executive directors

Tracsis has granted 43,045 share options to chief executive John McArthur and 28,697 to chief finance officer Max Cawthra, together the group's executive directors.

The company says the remuneration committee believes it is important to retain and motivate executive directors while at the same time setting challenging performance targets that are aligned with the group's strategic goals and in shareholders' interests.

The options awarded have an exercise price of 0.4p and are directly linked to performance targets based on group profitability and total shareholder return relative to an AIM peer group determined by Tracsis's remuneration committee.

At 3:45pm: (LON:TRCS) Tracsis PLC share price was +7.5p at 510p