I agree it is something that does not feel good when it is a newcomer
Printable View
EXTREMELY poor form - especially dumping notice after NZ close. Surely she her deck doesnt need doing already.
Its not all bad minimoke. Just her Qantas bonuses being paid by A2 .....and she obviously got a huge tax bill as a result so had to sell a lot to pay that. Still as heap of rights which hopefully will incentivise her
from the disclosure
The sale of the above-mentioned Ordinary Shares has been made by Ms Hrdlicka in order to: (i) fund the tax obligations relating to the recent automatic exercise of timebased rights; and (ii) fund commitments made by Ms Hrdlicka prior to her taking up employment with the Company.
Ms Hrdlicka retains a relevant interest in Time-Based Rights and Performance Rights (as noted on the previous page).
St
Looks like you're making excuses for her Winner. If she doesn't have enough dosh to cover that obligation and needs to sell down her ATM gift, then I'm questioning her prior ability to manage her finances, unless this was all predetermined which is what it looks like. Either way, it's a really bad look, the optics will resonate poorly with shareholders. Her immediate legacy is to preside over a significant degradation in shareholder capital and take advantage of it before it goes even lower. Buyer beware. Jmho. ATM PE heading lower with the SP and no one knows how to price fair value. The predators will be all over this like a rash. Eyes on the charts, capital growth and capital preservation are the only things in play. The boss has voted with her sell.
I wasn't happy with her package right from the get go but this is morally reprehensible so soon after being appointed. But no worries, every PC man and his dog tells us that diversity in leadership is a wonderful thing, juts look what a "fantastic" job Jacinda is doing as a perfect example lol