Tokenistic & inadequate

The announcement today to reduce the extremely large allocation of incentive options to be allocated to executives for successfully meeting 3 targets to just very large is tokenistic & arrogant.

Given the chatter on the street amongst large & small shareholders that a 50% to 75% reduction was necessary the small token reduction of 15% shows a total lack of understanding & appreciation of fair adequate reward.

C'mon, the original 27 million options was a ridiculous gambit & the reduction to 22 million options is still huge & is just OTT.

Given we have some 240 million shares oustanding it would seem more than adequate for any incentive scheme to reward the executive team would allocate say around 12 million options or 5% at a maximum. Surely that would be enough to incentivise anybody & would not hugely dilute the shareholders who, let's face it, are the ones risking their hard earned in the company.

Let me re-iterate, I have nothing against an incentive scheme & have great respect for the skills of Charles Whitfield & Mike Rosenstreich & the job they are doing for the company. But the current reward proposal is still manifestly too large.