“The grant of the Shares in 2017 was designed to incentivise the Directors by participating in the future growth of the Company through share ownership and in recognition of the contribution made to the Company by the Directors and their ongoing responsibility. The Directors will benefit from these Shares and the associated loans if the Company’s Share price increases beyond a 25% premium above the 14.5 Share issue price, of if a Change of Control Event takes place.”
Last sentence should say correctly , or if a change of control event takes place - not of
Its a matter of when I would add , hopefully not before PFS’s release this Q ...
Ann: Letter to Shareholders - Extraordinary General Meeting, page-7
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