RE: Cape Town Formula E confirmed10 Jul 2021 11:25
Additionally, the Company announces that in light of the continuing global pandemic Mr Ciclitira has elected to cap his
international consultancy fees at £250,000 per annum and forgo his £25,000 Chairman's Fee for 2021 (i.e his total remuneration in relation to his services to the Group will be £250,000).
The Board consists of : David Ciclitira, Chair; Serenella Ciclitira.
Husband and wife team running the company doesn't normally work out good for the private investors.