It’s probably worth noting (if I recall correctly) that the Board took options in lieu of part of their salaries when they were working to trim back on expenditure post AD results. So they may be exercising cashless rather than forking out dollars, but bearing in mind that they took a pay cut to get these options, which they are (hopefully) not selling for the cash any time soon.
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- Ann: Change of Director's Interest Notice * 3
Ann: Change of Director's Interest Notice * 3, page-16
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