TRS the reject shop limited

News: TRS Reject Shop Says Clinton Cahn Appointed Acting CEO, page-8

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    "In accordance with Andre’s contract of employment, Andre will receive a payment from the Company in
    lieu of serving his six months’ notice period together with any statutory entitlements. Any performance
    rights held by Andre have been lapsed."

    Those rights were 670k of shares (don't know the issue price), that would still be work north of $2m.
    Nothing to sneeze at, and yet Andre was 'happy to walk aware and forfeit those rights'. Seems strange.
 
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