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News: BLG Bluglass Says Non-Executive Board Take 50% Of Director Fees As Shares To End Fy2020

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    08/04/20
    09:50
    Post #: 43943146

    April 8 (Reuters) - BluGlass Ltd (BLG) :

    • BLUGLASS LTD - NON-EXECUTIVE BOARD TAKE 50% OF DIRECTOR FEES AS SHARES (SUBJECT TO SHAREHOLDER APPROVAL) TO END FY2020
    • BLUGLASS LTD - SENIOR MANAGEMENT TEAM TAKE 50% OF SALARY AS SHARES, FOR FY20
    • BLUGLASS LTD - ALL OTHER STAFF TO TAKE 25% OF SALARY AS SHARES
    • BLUGLASS LTD - BOARD AND KEY EXECUTIVES HAVE COMMITTED TO TAKE UP THEIR FULL ENTITLEMENT UNDER RIGHTS ISSUE
    • BLUGLASS LTD - UPDATES ON COVID-19 IMPACT ON CO'S BUSINESS OPERATIONS
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