GEM 0.72% $1.38 g8 education limited

Ann: Institutional Investor Presentation, page-19

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  1. NOR
    1,000 Posts.
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    At least Sacre's departure will help bolster G8's finances in one regard.
    He is one of three executives, who each have a $5 million limited limited recourse loan with G8 which funds 1 million shares acquired under the companies management share plan.
    We assume Sacre will now have to pay it back.. ??????????


    Read more: http://www.smh.com.au/business/cbd/ubs-boss-matthew-grounds-wont-hit-paydirt-with-his-latest-deal-20160222-gn03rp#ixzz4152q4Wb6
    Follow us: @smh on Twitter | sydneymorningherald on Facebook
 
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