Looking at the background, the rights are intended as partial compensation for various things such as additional roles, time spent on organising a clinical trial by Dr Currie and in the case of Mr Mutton, a voluntary reduction in fees/salary.
Overall it increases the skin in the game for the directors. The more the company prospers and the share price increases, the better off they are. Its a small cap stock which is still not profitable, so its not a given that they will get rich on the shares.
Ann: Notice of Annual General Meeting/Proxy Form, page-4
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