Of course, they’re being paid. As much as some in here feel like it’s a bit of a charity, it certainly isn’t registered as such!
It reads ‘...options granted for director’s fee compensation and to incentivise director...’
No mention of the granting of options in lieu of director’s fee.
We all had the opportunity to send a message to management. With >90% voting ‘yes’ to the awarding of options, then the overwhelming majority agreed with what the company is doing. The top twenty hold about 50% of the listed shares. It’s not an old boys club: another 40% of general holders (you and me) seem to have agreed to the option agreement as well.
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- Ann: Change of Director's Interest Notices X 4
Ann: Change of Director's Interest Notices X 4, page-13
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