Quotient Limited Announces Equity Awards
Quotient Limited - Ordinary Shares (QTNT)
Last quotient limited - ordinary shares earnings: 1/30 06:00 am
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US:NASDAQ Investor Relations:
investors.quotientbd.com/investor-relations
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Source: GlobeNewswire
JERSEY, Channel Islands, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Quotient Limited (NASDAQ:QTNT), a commercial-stage diagnostics company (the Company), today announced the scheduled grant of equity awards to Mr. Ali Kiboro, who has been appointed as the Chief Financial Officer of the Company effective November 1, 2021. In connection with his appointment, the Company granted Mr. Kiboro 203,491 performance-based restricted share units (PSUs) (the Sign-On PSUs), 122,095 Restricted Share Units (RSUs) (the Sign-On RSUs) and share options to purchase 123,267 of the Company's ordinary shares (the Sign-On Options). Such grants were issued outside of the Company’s 2014 Stock Incentive Plan and were approved by the Company’s Board of Directors and the Remuneration Committee of the Board of Directors pursuant to the inducement grant exception under the Nasdaq Rule 563(c)(4), as an inducement that is material to Mr. Kiboro joining the Company as the Chief Financial Officer. The Sign-On PSUs will ves
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