RE: The only28 Jul 2022 17:30
"The Board approved the issuance of these share option grants to incentivise and retain key Directors, officers and employees critical to enhancing the future market value of the Company and notes the significant premium of the respective exercise prices relative to the current share price. The Board considered both historical practices and on-going funding requirements in this regard."
What a pile of trough snoring bulcaca. The key people have already been handsomely rewarded through previous options and salaries but are back for more at a very untimely period of shareholder value destruction. That they pat themselves on the back for a "generous " sp premium, notwithstanding historic current lows from a high of 2.5p a year ot 2 back, only highlights the insensitivity of this award.
Why does Colin Bird need another 15 million, YES 15 MILLION, when he hasn't even delivered on the last lot.
Quick dip into the pre retirement through obviously.
RANT OVER