How can these performance rights be issued when they are based on total shareholder return in excess of comparable ASX200 companies. Who were they comparing against DSH (Dick Smith)?
The percentage of performance rights that will vest following the Performance Period will depend on Godfreys’ relative total shareholder return (RTSR) over the Performance Period, relative to a comparator group determined by the Board from time to time. Initially, the comparator group will be listed Australian retail companies within the ASX200 selected by the Board. In this regard, if Godfreys’ RTSR is:
GFY Price at posting:
65.0¢ Sentiment: Sell Disclosure: Not Held
