BOE 0.88% $3.45 boss energy ltd

Ann: Results of Annual General Meeting, page-3

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  1. 2,354 Posts.
    lightbulb Created with Sketch. 1179
    Just did a bit of checking on the detail of resolution 9 re options issued to DC. I think the objections from the 48.45% of holders could be 2 fold:

    1. The amount of remuneration/benefit to DC "that was a cost effective and efficent reward" was based on a share price of 16c
    2. The terms for vesting/receiving these options will be based on reaching acheivements "as assessd by non-executive directors". This is very broad with lots of scope for subjectiveness, usually you would see specific numbers or milestones firmly stated.

    https://hotcopper.com.au/data/attachments/3830/3830590-c004acc4d62f685fb62b7c5c28aeff21.jpg

 
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