TITLE

Money for jam

AUTHOR(S)
Harris, Shaun
PUB. DATE
March 2007
SOURCE
Finweek;3/29/2007, p35
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the share option scheme of Steinhoff International Holdings Ltd. In terms of a 2003 new share scheme, the rights to 9.63 million shares were allocated to four directors which could instantly made the directors quite serious paper millionaires. Apart from the Steinhoff share scheme seeming to serve as an example of excessive potential remuneration not necessarily aligned to shareholder interest.
ACCESSION #
25027176

Tags: STOCK options;  STOCKS (Finance) -- Prices;  OPTIONS (Finance);  STOCKHOLDERS' pre-emptive rights;  STEINHOFF International Holdings Ltd.;  FINANCIAL services industry

 

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