ETASSUM22100 - Schedule 2 Share Incentive Plan (SIP): Eligibility: Introduction
Paragraph 13 of Schedule 2 imposes requirements in relation to the individuals to whom shares can be awarded under a Schedule 2 SIP. The specific requirements are set out in paragraphs 14 to 19 and must be reflected in the plan rules.
As dividend shares are not 鈥榓warded鈥� as such 鈥� they are not included within the meaning of 鈥榓ward of shares鈥� in paragraph 5 Schedule 2 鈥� the plan requirements relating to eligibility do not apply to them.