Premier Investments cancels ex-Smiggle MD’s performance shares
Inside Retail
SEPTEMBER 23, 2024
Premier Investments’ board has decided to forfeit the performance shares issued to former Smiggle MD John Cheston due to his alleged breach of obligations. The total number of shares stood at 113,550 issued in two equal tranches last October 18 and May 29. “The Premier board considers that it is contrary to the purpose and conditions of the [performance rights] plan and otherwise inappropriate for Mr Cheston to receive the benefit of the performance shares that were issued on the afo
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