RE: Rns out26 Nov 2021 08:12
Yes, agreeing to payments of £243,000 instead of £643, 000 is a super deal for the company and shareholders and a generous gesture by the two Directors concerned, especially beating in mind that the company would have had to pay more than the former figure to the tax man and sought reimbursement from them. The advantage to the Directors is that it gives them cash they can actually use, rather than more shares that they know they couldn’t sell without crashing the sp and damaging the company and its other shareholders. Sensible and good deal all round.