BBL brisbane broncos limited
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News: BBL Brisbane Broncos Says Director Remuneration Reduced By 75% From 1 April To 31 Dec

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    17/04/20
    11:25
    Post #: 44097490

    April 17 (Reuters) - Brisbane Broncos Ltd (BBL) :

    • BRISBANE BRONCOS LTD - DIRECTOR REMUNERATION REDUCED BY 75% FROM 1 APRIL 2020 TO 31 DECEMBER
    • BRISBANE BRONCOS LTD - CHIEF EXECUTIVE OFFICER REMUNERATION REDUCED BY 50% FROM 1 APRIL 2020 TO 31 OCTOBER 2020
    • BRISBANE BRONCOS LTD - 22 REDUNDANCIES EFFECTIVE FROM 27 MARCH
    • BRISBANE BRONCOS LTD - EXECUTIVE TEAM AND SELECTED SENIOR STAFF REMUNERATION REDUCED BY 20% FROM 1 APRIL 2020 TO 31 DEC 2020
    • BRISBANE BRONCOS LTD - IMPACT OF COVID 19 ON NATIONAL RUGBY LEAGUE (NRL) COMPETITION RESULT IN SIGNIFICANT REDUCTION IN REVENUE FOR 2020 FY
    • BRISBANE BRONCOS LTD - PERIODS OF LEAVE WITHOUT PAY FOR SOME EMPLOYEES WILL BE UNAVOIDABLE
    • BRISBANE BRONCOS LTD - EMPLOYEES NOT USEFULLY EMPLOYED DURING PERIOD WILL BE REQUIRED TO AVAIL ANNUAL LEAVE AND LONG SERVICE LEAVE PROVISIONS
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