This is great news if it is accurate. I have noted previously the comments made by FG after the AGM that the extra funding for board payments was not for pay rises but to accommodate a growth in the number of positions on the board - potentially 2-3 positions and presumably for the IKL stakeholders.
I doubt they could propose a board reshuffle of this magnitude without confirming the closure of the deal and the infamous "the money's in the bank" statement.
I doubt they would shuffle pre-deal and then again once the deal is done - wouldn't make much sense. (But this is sen we are talking about!)
This could be a very good sign for sen holders....
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