RE: Dilution16 Feb 2023 21:50
Back to Dilution
We can expect an AGM in May & vote on the remuneration growth plan based on future share price performance.
So the expected outcome of the AGM is that the GP will be approved.
During the 1st year, the shares can be diluted by up to 1.46% or some 18.5M added to the book which is two days trading volume on a slow day.
Now providing the share price attains 95p as an average price over a 90 day period the three participants for TRANCHE1 will receive an award totalling 17.5M GBP . Perhaps the directors plan to purchase shares to maintain the price.
Over the five year TRANCHE period the maximum award is 175M GBP in total.
The maximum award for the participants appears to be 107.5M GBP in total
Q. Where does the rest go?
And Carol is only in the Award scheme from 2025 when the payouts get larger with no reason given.
Personally I don't agree with these awards & think the money is best kept within the company. A bite of the bloodsuckers. No sign or corporations' changing their ways & assumes brilliance.
If the growth plan, which is still to come, sets out in great detail how they intend to get to 95p & sustain that price then PIs will be quite happy IMO.
But things don't go to plan do they -
Disclosing the plan will open Boohoo for further attacks on the share price.
A Short seller, as previously demonstrated over the past year can take down the SP on weak trading volumes.
Day traders will pile in & take profits all the way UP
Combined, as what has been happening results in an increased timeline SP growth chart.
Every 10p has been a hurdle recently. Now every 5p.
There is also no really good news expected until H2 where we may see an improved trading & economic situation. That also depends on the economic drain to Ukraine which is about to get multi-dimensional.
Don't drop you BOOs at the wrong time. No guarantees this growth plan (when released) will work but should it, happy days.