RE: Warrants/options exercised by staff18 May 2020 20:41
18:41, good post.
two related comments: firstly nomad advises a company, but cannot compel
company to take their advice. that includes whether or not the BoD chooses
to include specific date of nomad resignation in RNS that the company issues.
secondly, if a nomad does report *alleged* wrongdoing /breaches to regulatory
authorities (exchange, FCA, SFO, etc etc), any such body would want to conduct
its own review / investigation to determine the facts of the matter, rather than
presume that a critical nomad report necessarily mean that a company has been
at fault. that kind of due process tends to be pretty darn slow at the best of times,
will be much slower if BoD doesn’t cooperate, & probably slower still b/c covid19.