Clarification of new long term incentive plan

25 February 2021

ECO Animal Health Group plc

("ECO", "the Company" or the "Group")

(AIM: EAH)

CLARIFICATION OF NEW LONG TERM INCENTIVE PLAN

ECO Animal Health Group plc announces a clarification in respect of the new Long Term Incentive Plan ("LTIP") to be proposed at the upcoming General Meeting of the company on 4 March 2021.

Following consultation with a sample of shareholders, the LTIP scheme rules were drawn up by independent respected remuneration consultants and are designed to be compliant with best practice for AIM quoted companies.  The LTIP scheme rules include standard wording present in all such best-in-class schemes which provide the ECO Remuneration Committee with discretion to amend the vesting in the event of an anomalous outcome. 

In response to questions received from shareholders and publication of ISS Proxy Analysis & Benchmark Policy Voting Recommendations report, the Independent Remuneration Committee of the Company confirms that all awards under the LTIP will have performance conditions attached. 

Contacts: 

ECO Animal Health Group plc ("ECO" or "the "GROUP") researches, develops and commercialises products for livestock. Our business strategy is to generate shareholder value by achieving the maximum sales potential from the existing product portfolio whilst investing in Research and Development ("R&D") for new products, particularly vaccines, and seeking to in-license new products.