Saturday June 6, 2020

C&C management is offered 4.2 million discounted shares

The three members of C&C’s new management team are entitled to 4.2 million shares this month at a discounted rate, after having met one of the key requirements of their incentive package.

5th December, 2009

The three members of C&C’s new management team are entitled to 4.2 million shares this month at a discounted rate, after having met one of the key requirements of their incentive package.

John Dunsmore, Stephen Glancey and Kenny Neison will have made a paper profit of €7.4million in the year since the options were granted. Shareholders voted for the generous scheme in December 2008.

The scheme involves the issue of 12.8 million...

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