RE: RNS- options21 May 2026 13:10
@Searcher 7.14
Unspecified number of options or other equity reward added to reward PC employees maybe who have put in the work on the MOU and EPC but ahead of BNP GL; their remuneration needs a certainty to it as GL terms are not known but GCM needs to pay them.
@mankiniparty 08.46
The 75% vested options gives a Β£1,016,550 exercise amount but for immediate reward of that amount SP on GL would need to rise to 10.8p. As of now the GL terms are unspecified but these and the 25% would be honoured if the company went private and we would get 10.8p per share I presume in this scenario. This is a good reason for keeping the SP under control.