28 |
P a g e
TRINIDAD CEMENT LIMITED
SECTION 3: DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEE RELATIONS
(Continued)
Notes:
ESOP
�
“Allocated”
- shares apportioned to employees annually and held by a Trustee in accordance with the
Company’s Policy.
�
“Purchased”
- shares acquired on behalf of Executive Managers in lieu of cash bonus payments and held
by a Trustee in accordance with the Company’s Policy.
Associate
�
“Direct Associate”
– beneficial ownership of shareholding registered in the name of a person or entity
other than that of the Officer or Director.
�
“Indirect Associate ”
– inferred control or direction of shareholding held in the name of a person or entity
connected to the Officer or Director.
