Bwin.Party to launch new long-term incentive plan

Online gaming organisation Bwin.Party is planning to launch a new long-term incentive plan for executive directors and senior managers.

The Bwin.Party Digital Entertainment 2014 incentive plan (BIP) will succeed the organisationā€™s previous two schemes, its bonus banking plan and its value creation plan, which were both adopted in conjunction with the merger of the organisation with Bwin Interactive Entertainment in January 2011 and ended in 2013.

The organisation will consult on the new plan with shareholders and depository interest holders.

Shareholders will be able to vote on the proposed plan at an extraordinary general meeting (EGM) on 24 February 2014.