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