Ann: Change of Director's Interest Notice - John Pizzey, page-2

Timely reminder that the chairman is still taking 50% of his pay in shares, which he doesn't get until next year and he can't sell for 3 years after that.

Last year's tranche were granted at $1.88, so he's got a lot bigger bang for his buck this year. Still, I always enjoy seeing the board take a direct interest, especially when it's done at the VWAP of the market and he can't sell for 3 years.