6/29/2023 0 Comments No Proof by Ashley McConnell![]() ![]() ![]() Liberum analyst Sanjay Vidyarthi said: “Ultimately I am surprised it wasn’t approved. The firm is expected to post 2014 core earnings of 324 million pounds, according to Reuters data. If approved an initial grant of 25 million ordinary shares would be made to participants if core earnings targets of 480 million pounds in 2016, 570 million in 2017, 650 million in 2018 and 750 million in 2019 are met. Ashley, also owner of soccer club Newcastle United, will not vote. One previous proposal was knocked back by shareholders due to concerns over the related performance targets, and another failed to be put to a vote.īased on more shareholder feedback Sports Direct said it would seek approval for a 2015 bonus share scheme for all eligible staff and senior management, including Ashley at its AGM in September. The bonus scheme was the third attempt by Sports Direct’s board to reward its founder in recent years. ![]()
0 Comments
Leave a Reply. |