RE: Share Options14 May 2020 20:13
Bermudashorts,
Thanks - I saw the options on Scancells website when looking for the number of shares in issue and the performance criteria are not mentioned there. The extract below is from the last accounts and explains a little more. Apologies to all for creating any confusion iro 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.