RNT 9.52% 1.9¢ rent.com.au limited

Ann: RNT Appoints New CEO-RNT.AX, page-2

  1. 481 Posts.
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    Hope Bader gets all these bonuses:

    All LTIP securities have a vesting condition requiring Mr Bader to remain employed by RENT until 30 June 2018;
     50% of the performance rights will vest upon RENT achieving >$10 million revenue in any 12-month period on or before 31 December 2018;
     50% of the performance rights will vest upon RENT achieving >$3 million EBITDA in any 12-month period on or before 31 December 2019; and
     The options have exercise prices of $0.25 (33.3%), $0.35 (33.3%) and $0.50 (33.3%) respectively and expire 5 years from the date of issue.
 
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