VBA virgin blue holdings limited

Nice package with a lean towards performance. The incentive...

  1. 744 Posts.
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    Nice package with a lean towards performance. The incentive $400,000 shares,
    "Alignment with shareholders: co-investment incentive......he will also receive a co-investment incentive of $400,000 worth of performance rights in the Company that will vest upon satisfaction of a performance condition the performance condition will be met where the Companys 20 day weighted average share price at the end of the 2013 financial year is 25% higher than as at the date of Mr Borghettis commencement as Chief Executive Officer and Managing Director."

    I for one certainly hope that VBA will be significantly higher than .075c in 3 years time, and I bet Mr Borghetti will as well.

    Look forward to a smooth flight to a much higher SP.

    Cheers to all holders and a welcome to Mr Borghetti.

 
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Currently unlisted public company.

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