RE: General question2 Mar 2025 13:59
Just to put a little flesh on the bones, the CEO holds 1.266m shares at an average cost of 127.34p, this implies a paper loss of £1.143m, based on a 37p closing price. The Chair is similarly on the hook for 111k shares at an average price of 196.88p i.e. paper loss of £177k. Quite what difference, if any, this makes is of course open to question. Notwithstanding any compensation, the losses might incentivise them to push for a higher price, or equally make them more likely to reject a deal below these averages. Just a thought.
As is customary, DYOR, not advice etc. etc.