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Ann: Update on TNG Share Plans, page-25

  1. 1,686 Posts.
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    Are you sure about that Abi? That was my first reaction, but not my understanding now. There's no transaction involving directors (imo).
    Directors refused their payment plan shares at 8.9c (!!??), and the company decided to offer them to the major shareholders. They bought newly created shares that were to be payment plans for 2019.
    Happy to be corrected, but if what you say is true then this has to be corruption. If the only explanation for the Vimson raise is a follow-up trade between vimson and directors to get them out of personal liabilities then I'll be signing up for the class action. Would explain vimson more, but so so wrong if it's true.
    I don't think it's true.



 
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