BA Board- share options in exchange for their 15% "contribution?"
Rumours reach these ears of the British Airways board signing off a share option deal, exchangeable at the lowest price the shares reached in this recent period. This as a "Thank You!" for the 15% supposed pay-cut they "generously" are taking to save the company.
Only a rumour, from supposedly well-connected city sources. Is it true? Is it legal? Is it justifiable?
[ 25 October 2001: Message edited by: Alien Shores ]