SHE 8.33% 1.1¢ stonehorse energy limited

Ann: Quarterly Activity and Cashflow Report, page-162

  1. 787 Posts.
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    It's disclosed in the annual report.

    "The contracts for service between the Group and Directors and executives are on a continuing basis, the terms of which are not expected to change in the immediate future. Upon retirement, Directors and executives are paid employee benefit entitlements accrued to date of retirement. The Group may terminate the contracts without cause by providing one month's written notice. Termination payments (if applicable) are generally not payable on resignation or dismissal for serious misconduct. In the instance of serious misconduct, the Group can terminate employment at any time.
    David Deloub: Mr Deloub was appointed as Non-Executive Director on 1 December 2017 and became Managing Director when the company requoted on ASX in August 2019. Base remuneration is $150,000 (inclusive of superannuation) per annum. No termination payments are applicable. "


    There is lots of helpful info in there, about how SHE encourage its executives and employees to become shareholders as the best way of aligning their interest to those of its shareholders...
 
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