Director - paid in shares22 Feb 2021 14:58
Francesco Gardin paid in shares #growingcompany #confidence
Issue of 2019 & 2020 CEO Salary Shares to Francesco Gardin
In accordance with the terms of his employment, a total of 21,847,071 ordinary
shares of 0.25p each ("Ordinary Shares") have been issued to Francesco Gardin
as follows (the "CEO Salary Shares")
10,526,316 Ordinary Shares in the Company have been allotted and issued to
Francesco Gardin at a price of 0.285 pence per new Ordinary Share (closing
price at 31/12/2019) in settlement of £30,000 being his 2019 remuneration
payable through the issue of Ordinary Shares.
Additionally, a further 11,320,755 Ordinary shares in the Company have been
allotted and issued to Francesco Gardin at a price per share of 0.265 pence per
new Ordinary Share (closing price at 31/12/2020) in settlement of £30,000 being
his 2020 remuneration payable through the issue of Ordinary Shares.
Following the issue of the new Ordinary Shares, Mr Gardin will hold 34,284,149
Ordinary Shares representing an interest of 3.82% in the Company.