RE: Sir Trevor Brown's payback17 Dec 2020 07:26
WoW 2.3M share options @ 17p until 2030!!
Braveheart announces that, pursuant to the Share Option Plan, Trevor Brown and Vivian Hallam, both directors of Braveheart and persons discharging managerial responsibilities ("PDMR") of the Company have been granted options over 1,200,000 and 500,000 Ordinary Shares of 2 pence each in the Group ("Ordinary Shares"), respectively, at an exercise price of 17p per share, being the closing mid-market price on 16 December 2020. The options vest with immediate effect and are exercisable up to 16 December 2030.
A further 650,000 options over Ordinary Shares have been granted to employees and consultants of the Group, on the same terms as above.
Nice dilution potential down the line!!
Seems King Trev's legacy goes on for another decade here too!
Test, test, test