Fyi19 Feb 2020 19:11
Directors’ Remuneration
The table below summarises all Directors’ salaries, fees for consulting and pension contributions. No bonuses were paid in respect of the year ended 30 April 2019
Notes: 1 2
3
Dr J Chiplin role changed from Executive Chairman to Non-executive Chairman on 1st May 2018
Dr RM Goodfellow resigned as CEO on 31 December 2017 but continued as a Director of the Company and also provided consultancy services which are included in the above figures.
Dr C Holloway was appointed as CEO from 10 January 2018.
Dr J Chiplin 1
Dr R M Goodfellow2 Dr C Holloway3 Professor L G Durrant Dr S E Adams
Dr M G W Frohn
Ms K Cornish-Bowden Dr A Lewis
Pension and fees 50,000 - 225,006 145,833 - 320,834 250,000 - 75,181 175,000 - 175,000 193,125 3,862 191,251 25,000 - 25,000 6,667 - 30,500 25,833 - 20,000 871,458 3,862 1,062,772
Pension -
-
-
-
321 - - - 321
2018/19 Salary,
and fees
2017/18
Salary, bonus
11
Scancell Holdings plc
DIRECTORS’ REMUNERATION REPORT
for the year ended 30 April 2019 _______________________________________________________________
Directors’ share options
The Remuneration Committee believes that the issue of options is a useful tool in motivating executives and ensuring their interests are aligned with those of our shareholders. All options are subject to time vesting schedules to ensure retention and stretching performance hurdles to ensure that rewards are consistent with delivery of strategic goals. Examples of performance hurdles include progress in clinical development programs, partnering and share price targets.
At 30 April 2019 the following Directors held options over the shares of the Company.
Dr J Chiplin
Dr R M Goodfellow
Dr C Holloway Prof L G Durrant
Dr S E Adams
Grant At Price 30/04/2019 17.0p 3,000,000
4.5p 2,880,000 33.2p 3,500,000 10.5p 3,000,000
4.5p 3,850,000 10.5p 9,000,000 10.5p 2,500,000
At 30/04/2018 3,000,000 2,880,000 3,500,000 3,000,000 3,850,000 9,000,000 2,500,000
Issue Date
18/04/2016 14/07/2010 11/12/2013 31/01/2018 14/07/2010 31/01/2018 31/01/2018
Date of expiry
18/04/2026 14/07/2020 31/12/2023 31/01/2028 14/07/2020 31/01/2028 30/01/2028
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