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Ann: Appendix 3Y - Tony Sage, page-31

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  1. 82Punter
    618 Posts.
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    19/12/18
    15:10
    Post #: 36907936
    Could it just be that the options are issued out of the money so that the directors don't have to pay tax on them?? 

    Then they just hope that the gap between the sp & the option exercise price gives some basis for a good 'ol P&D so that they can exercise and sell the shares on market without needing to part with any cash tongue.png

    EUR Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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