Ann: Change in CEO Remuneration and Non-Executive Directors' Fees, page-12

IMO uncertainty around VTG will linger until around Feb next year given mgmt did not give an give a 1H2020 forecast

Dividend is decent, but the challenge is if 12-13m dropped off EBITDA, clearly that will have an impact to the bottom line including the cashflow and dividend. You'd imagine they would flag that at the AGM last month if that was the case (last year they flagged an improvement on the prior year, so I'm assuming they are not seeing a change as material as last year, or perhaps any uplift is offset with the 12-13m remuneration reduction).

I suspect will have to sit tight until Feb