SSM service stream limited

Ann: Temporary suspension of on-market share buy-back, page-4

  1. 182 Posts.
    lightbulb Created with Sketch. 31
    Why all the stress.

    The ASX Announcement clearly states the Directors are selling for fund tax liabilities.....

    "Operation of the on-market share buy-back will be suspended for a brief period of time during which the Managing Director and other key Executives propose to sell a number of shares in order to fund the income tax liability associated with participation in the Company’s share-based incentive plan."

    Quite a common occurrence for Directors of ASX listed companies
 
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