COPENHAGEN (Thomson Financial) - Danish shipping transport group DS Torm ASgfKNintendo DS Game Guide
said it is launching a bonus and stock option programme for 365 of itsgfKNintendo DS Game Guide
employees, excluding the board of directors, for the financial years 2007-2009.gfKNintendo DS Game Guide
    A maximum of 1,029,300 share options will be allotted during 2007, said DSgfKNintendo DS Game Guide
Torm, adding it expects to issue an equivalent number of options in the twogfKNintendo DS Game Guide
following years.gfKNintendo DS Game Guide
    The market value of the option programme for 2007 is estimated at 9.4 mlngfKNintendo DS Game Guide
usd.gfKNintendo DS Game Guide
    A bonus based on the employees' salaries and performance will also begfKNintendo DS Game Guide
allotted, with 75 pct paid in cash and 25 pct in shares.gfKNintendo DS Game Guide
    A total bonus of 9.5 mln usd will be paid in 2007 provided the group reachesgfKNintendo DS Game Guide
its expected return on invested capital (ROIC) for the year, DS Torm said, andgfKNintendo DS Game Guide
added the size of the bonus will be adjusted if the ROIC differs fromgfKNintendo DS Game Guide
expectations.gfKNintendo DS Game Guide
    gfKNintendo DS Game Guide
gustav.sandstrom@thomson.comgfKNintendo DS Game Guide
gs/gpgfKNintendo DS Game Guide
gfKNintendo DS Game Guide
COPYRIGHTgfKNintendo DS Game Guide
gfKNintendo DS Game Guide
Copyright AFX News Limited 2007. All rights reserved.gfKNintendo DS Game Guide
The copying, republication or redistribution of AFX News Content, including bygfKNintendo DS Game Guide
framing or similar means, is expressly prohibited without the prior writtengfKNintendo DS Game Guide
consent of AFX News.gfKNintendo DS Game Guide