RE: 100% confident8 Jul 2021 13:52
"Remuneration
The elements of Hamish Paton's remuneration package detailed below are consistent with the shareholder approved Directors' Remuneration Policy and reflect the process by which Hamish Paton was recruited:
Base salary: GBP400,000 p.a.
Maximum annual bonus: 150% of salary of which 100% will be deferred into company shares for three years or until the shareholding guideline of 200% has been met. Once the shareholding guideline has been met, only 50% of the annual bonus will be deferred into shares for three years with the remaining 50% paid in cash following the year end. There is a one year post cessation shareholding requirement.
Pension: Pension or pension allowance up to 5% of base salary.
Standard benefits consistent with offering to all employees: including four times base salary death in service cover, access to private medical insurance, critical illness cover of GBP100,000 and income protection up to 65% of base salary for up to five years.
The Company has agreed to pay relocation costs of up to GBP325,000 in re-imbursement of the costs of relocating Hamish's family to the vicinity of the Company's head office in Bournemouth."
https://uk.advfn.com/stock-market/london/amigo-AMGO/share-news/Amigo-Holdings-PLC-Appointment-of-Hamish-Paton-as/80413559