“So with my, mentioning of $5.3 million dollars to "four". Instead, of saying the senior management and board to broaden it out. I can, only apologise for this error. It does not matter, which way you view it TripleTop. The bulk, of that monitory outlay went to around four people”
I think you are perhaps missing the point of my reply. I wasn’t saying that you had stated the incorrect number of recipients, rather that the $5.3m you see in total remuneration benefits is not a “monetary outlay”. More than 55% of it relates to non cash amounts including those options issued under the Company’s share incentive scheme.
Explore this further and you will see that a large portion of the share based payments relate to options and although they are issued with a zero exercise price, so on the face it of, sound like management and directors are getting an easy payout, a large portion of these “zepos” actually have some serious hurdles to which I think the majority of holders would be happy to see met.
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