Mate, its tax covering. We moan about the remuneration these guys get (and rightly so to an extent) but the tax office treats the share awards as income and they have to pay tax on them. Its actually surprising Paul has not sold any before, using cash out of his income to pay the tax obligations and holding the shares. Like him or loath him, you have to say he has never sold any shares in the company before, despite what will have been pressing tax obligations, clearly believing in the company's prospects and taking personal risk - I did in a company I used to earn shares in and regret it. They are four times the price now.
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