RE: Vinanz RNS22 May 2025 14:23
New Vinanz CEO in the Telegram group pinky promises that they wonât abuse the free shares:
âcompletely understand your concerns, and for the sake of transparency:
the shares issued to the EBT are not a giveaway, theyâre unallocated and unvested, no individual - including myself - owns or controls them. they are held in trust and will only be issued under strict conditions set out by the remuneration committee which includes independent non-execs and will def follow best practice governance standards.
also to your point, any issuance from the ebt must be based on meaningful value creation, not just the bitcoin price drifting higher and we will certainly lay out further strategic milestones.
to be clear, we havenât received any shares, and personally i would only want to be rewarded if i deliver. we have big plans for the US in q3 and this warchest is essential for when we get to nasdaq!
iâve joined as ceo to build the ukâs flagship bitcoin investment vehicle, something that institutional investors can buy and i fully understand that requires transparency, discipline and alignment!â
No detail regarding these âstrict conditionsâ or whoâs on the remuneration committee sadly (obviously itâs just DL, and his strict conditions will be âI need the cashâ)