CyanConnode – argues share incentive ‘restructuring’ “effective and simpler”. How about exorbitant and shameful?...
By Steve Moore | Monday 5 July 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
CyanConnode (CYAN) has announced that, “following a review of executive director rewards and incentives, the Remuneration Committee of the company determined that certain existing share options were no longer fit for purpose as an incentive and should be replaced in order to make incentive arrangements both effective and simpler”. So what are the “restructuring of Share incentive arrangements”?…
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