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So they each claimed their performance shares, which is fine,...

  1. 137 Posts.
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    So they each claimed their performance shares, which is fine, Jeff sold half of his and kept the rest and I am 100% fine with that as they are like a wage/bonus. I'd be ok with him selling them all tbh but selling half is a good sign of faith I reckon.

    Christopher Quirk seems to have taken his 4 million shares and sold them and another bundle of 4 million shares, he held his 6mil from 2011 so that's not the worst move I've seen but clearly he either needed cash immediately or held no real hope of improvement on the shareprice.

    Same with Glyn who also got 4 million shares and sold 6.7 million, he also held all his since 2011.

    Bit of a coincidence for me that they needed money now, seems as though Glyn and Chris were well aware that the shares were over-valued and were taking cream while they could.

    Not wrong just not a great look for shareholders..... and given whats happened share price wise since then, they seemed to have judged it right :-(
 
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