General discussion, page-9495

@intelseb

As this is one of your favourites, the extra Performance Shares issued to Gordon and Fraser as "compensation" for the fall in value/share price of Firefinch after the demerger of Leo Lithium .. .. .. if you remember they were both issued an extra 450,000 Performance Shares.

According to the expiry dates of both the initial issue of Performance Shares (750,000) and the additional 450,000 = 1,2000,000 Performance Shares, both have exceeded their expiry date.
++ which means little, as the ones issued to Taplin in January 2022 had previously expired, but these directors have been given "carte blanche" so I expect we will see an announcement of performance shares being issued at some point.
~ as a shareholder, these converted performance shares will entitle both Gordon & Fraser to 213,600 Leo Lithium shares if post escrow distribution occurs.

For interest, the performance vesting conditions (this made me nearly vomit)
~ Were selected to align the behaviours of working¹ directors with long term value creation² for shareholders.

cheers

¹probably explains the decline in shareholder value creation, they forgot the working part of their job!
² {purposely left blank}