IG6 2.35% 8.7¢ international graphite limited

From the Quarterly: The Company has agreed to issue...

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    From the Quarterly:
    The Company has agreed to issue new
    performance rights to key management
    personnel that align the executive and key
    management personnel to the core business
    objectives of the Company. Subject to
    shareholder approval, a total of 5.1M new
    performance rights would be awarded to
    directors David Pass and Matthew O’Kane.
    A total of 4.5M new Class A, Class C and
    Class D performance rights and 0.6M new
    Class G performance rights will be issued.
    A further 6.5M Class A, Class C, Class D
    and Class G performance rights will be
    offered to other members of management.
    The conditions for the vesting of Class B
    performance rights issued to the Company’s
    Managing Director and CEO Andrew Worland
    following approval by shareholders at the
    2022 annual general meeting have been met.

    Any comments from SH on the performance rights?

    Without labouring the point, I will be voting against at least one of these motions at the AGM.


 
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