Hi,While there has been a lot of discussions regarding the...

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    Hi,

    While there has been a lot of discussions regarding the possible share disposals by the CEO/founder, not much has been discussed about the incentives for the CFO (Tim Hume).

    In FY 21, Tim was granted 2.5 million options* with an exercise price of 1.21 $.
    All these options will vest after the publication of their H1 FY 24 results :
    - 1/3 will vest at that date, if Tim is still the CFO,
    - 1/3 will vest at the same date if the share price is above 3 $,
    - 1/3 will vest at the same date if the share price is above 4 $.


    * source : 2021 annual report (page 18).
    Last edited by saintex: 08/02/23
 
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