https://www.nzx.com/companies/HNZ/announcements/211912
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Heartland to offer staff an employee share plan
Heartland is pleased to announce that it is establishing an employee share plan (“Plan”) for employees of Heartland and its subsidiary companies. Directors and senior executives of the
Heartland Group will not be participants in the Plan.
The purpose of the Plan is to further the success of Heartland by aligning the interests of the employees in the Plan with those of Heartland’s shareholders, and to encourage participating employees to exercise long-term thinking to contribute to the long-term success of Heartland. "
And here I was naive enough to think the payment of a salary was to reward employees ... before the Company starts giving away money it'd be nice to see a return to shareholders first either by way of an increased share price or dividend.
Sorta reminiscent of PGC ... as to participate in any future share offering, what does this move tell you about the Company culture.