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On the 6th of September at 16:30 BST, MJ Hudson (#MJH) will host a live presentation on Investormeetcompany.
I hope all involved retail holders will call in and raise serious concerns to the management regarding the ludicrous LTIP in place.
My e-mail to the management:
1/3
I hope all involved retail holders will call in and raise serious concerns to the management regarding the ludicrous LTIP in place.
My e-mail to the management:
1/3
Both CEO Matthew Hudson and Chairman Geoff Miller will be present in the call.
They have to understand that for their buy-and-build M&A strategy highly rated paper is necessary in order to perform accretive M&A.
Terrible corporate governance makes that impossible.
2/3
They have to understand that for their buy-and-build M&A strategy highly rated paper is necessary in order to perform accretive M&A.
Terrible corporate governance makes that impossible.
2/3
3/3
MJ Hudson, #MJH raising minimum of 9.5m equity.
Impressive company, however, the management has really stuffed the shareholders with their LTIP
The Company was admitted to AIM on 12 Dec 2019 @ 57p. Placing at 30p. A loss of 47%
However, management would get 10m, 19,5% dilution
Impressive company, however, the management has really stuffed the shareholders with their LTIP
The Company was admitted to AIM on 12 Dec 2019 @ 57p. Placing at 30p. A loss of 47%
However, management would get 10m, 19,5% dilution
In the accounts to Dec 2021, so far only 4.2m of cumulative charges are taken for the share options and LTIP, but now suddenly 10m would have been handed out to management.
They have shifted these from the LT liabilities towards 'share-based payment reserve'. Therefore, you wouldn't recognize the liability on the balance sheet as equity holder. Also the estimation of these charges have been way too low as we recognize now.
