Nothing will happen tomorrow, EXCEPT that the directors and so called defenders of the company will increase the lining of their own pockets,pay themselves EVEN more outrageous bonuses,and let the shareholders continue to stew in a sea of deceit,lies and false promises.Nothing will change.
What you say, is what we've known all along-namely the fat cats in CPP just get fatter, and the ordinary shareholders are left to stew as usual.What a bunch of immoral,greedy, parasites(not illegal I hasten to add), but thoroughly disgraceful.Its like stripping the meat of a dead carcass.Pity there's not a jail sentence for immorality-CPP chiefs would be first in the queue!!!
Take a butchers at page 37 and it tells you that the CEO and CFO have bagged bonuses of £528k and £240k for 5 months and 3 months work respectively. Nice work if you can get it!!! On top of that they were planning to award themselves LTIPs in addition to the share options they had already given to themselves. All before they have demonstrated any ability to delivery anything of material benefit for the ord shareholder and/or the Company itself. A business school graduate can make a Company leaner & fitter by delivering a reduction in personnel & overhead expenses.
RNS ------ Is it just me or does this not make sense date wise? On the evening of 21 April, Phoenix indicated that their position had changed and they were no longer supportive of the Company continuing the interim injunction against Mr Ogston. This was confirmed to the Company today (25 April) by Phoenix, having considered the evidence served by Mr Ogston on 22 April.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.