RE: 285k director bonus19 Dec 2024 13:03
Bonkers, it appears that HAA gets paid around ยฃ250 a year as shareholders have a majority at present to pay him this amount. The bonus is agreed as and when HAA feels he needs one. That Journo TW complained that the BIG BONUS HAA wanted if funding got across the line should have a threshold value attached to it. Greedy HAA disputed this but I assume the independent remuneration committee upheld the complaint, so now HAA might struggle to get that bonus if the share price doesn't hit 1.5p.
However I read from Jan 24 RNS he gets paid in shares as he appears happy and opportunistic that there will be an outcome.
Working Capital
. Additionally, the Company issued remuneration
shares to certain KEFI directors valued at ยฃ500,000 in lieu of cash for accrued fees and, during May 2024, the
Company issued shares totalling ยฃ1.4 million to key advisers in recognition of their services in supporting
various value-enhancing initiatives following the launch of the Early Works programme at the Companyโs Tulu
Kapi Gold Project.
In 2022 for instance no bonus was reported in the final year results.