Restricted Stock Units (RSU's)29 Oct 2025 11:54
RSU's may be more telling than they are being given in relation to air time here today. Why give them now?
Yes, reward staff for their efforts, yes they do that but cash or stock is given wnen restrictive conditions are met. Either stock is then awarded or the cash equivalent. You don't incentivize people with unachievable goals, so those taking them, and agreeing to them, must believe goals are attainable.
Another reason for RSU's is to reward staff and preserve cash in short term - that's no bad thing.
The milestones may be Estonia specific to get cash generative as soon as possible.
However, RSU's if deals are afoot or being considered (depending how far down the road they are) RSU's might often be agreed with a potential acquirer as they involve new equity, albeit in this case not huge in the grand scheme of a deal.
Another reason for issuing RSU's is that they may be considered as a valuable retention tool for any acquirer. In fact, the acquirer may agree or even initiate a new equity plan as a tool to to ensure they retain key employees of the target company. In this case Hemogenyx. This is more likely if the acquirer want to keep specific talent after the deal closes.
Pure speculation but these are genuine reasons why RSU's can be issued. But re-read the plaudits he gives his staff at the end of the RSU section of the RNS - soulds more like a leaving do / handover statement. Now that is perhaps streching even my imagination.
Finally to Aldebaran, stop being such a d*ck.