Yes, they are allowed to do this. This is the response I received on the Investor Hub:
Directors’ and Officers of the Company were able to access this facility, which is provided for in the Company’s Securities Incentive Plan. The SIP (short and long term incentives) forms part of our executives and officers total remuneration package. The loans are fully secured against the shares issued to the SIP participants, incur interest at the rate of 3% per annum, and have a two-year term.
Ann: Half Year Accounts, page-87
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $70.11K | 7.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 27041366 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 13243503 | 15 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |