Ann: Strategic Review Update & Variation of MD Employment Terms, page-121

I don’t know what relevance that question is for.
Do you seriously believe he deserves a performance bonus, particularly after ramming the company into the wall not once but twice.
No professional CEO would allow a situation like this to occur.
Why didnt he cut a deal last year or early this year? He spent the yr crowing about “deals”
Why ram the company into a wall , seek emergency funding to keep it afloat , have to negotiate under duress then claim you are entitled to performance shares? That is a seriously broken moral and ethical compass