Ann: Change of Director's Interest Notice, page-3

I'd like to welcome Cool Hand as an ordinary SH. I hope this confirms the nadir of SLR fortunes is passed.
Note that a lot of LT's LTI's (options) lapsed out of the money. Notice the strike prices of 93c, 100c etc.
While one can say that 'well out of the money' options are an appropriate LTI, one can also make the observation that SLR performance has fallen well short of expectations when LT first came on board.
Having said that, let's hope that the "independent remunearation committee" (LOL .... sorry can't help myself) grants LT further LTI's at similar strike prices .... after all, what SLR SH wouldn't be happy with 100c+ SP?, or the establishment of a dividend policy or successful M&A ??
The weak POG is likely to persist, and doubters of the wisdom of SLR hedging policy are now much fewer.