Ann: Change of Director's Interest Notice, page-9

So just stumbled accross this example of how RentPay (ASX:RNT) and their Non-Executive Director entered into and reported Shares Under Escrow to the market.

Why didn't or hasn't Norman and FOD reported this way with respects to the escrow agreed upon coming out of the failed Tranche 5 Deed Agreement ?

All we got was a belated (and I suspect prompted by @asic) "btw the Chairman has disposed of a lazy 56 million shares via Off-Market transfer" at 5.4c per share mind you when market price was around 3.3 - 3.5c !!. No mention at all about the escrow agreement in any offical document like a 3Y as per the below RNT example ?

In fact if we dont 'remember' the paragrah about the commitment to the escrow from a prior update by then CEO Tony Rowlinson, there's no logical tie back to that agreement and the remaining holdings announced in this "I sold some" update by the Chairman ???

Certainly a strange approach to keeping the market informed and being transparent !





here is the full RNT example