Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

Virgin 3.1

Old 14th Oct 2021, 02:04
  #281 (permalink)  
 
Join Date: Aug 2005
Location: Brisbane
Posts: 146
On the eve of the first anniversary of Virgin’s ownership by Bain Capital, the Brisbane-based airline has issued a new tranche of more than nine million A-class shares destined for a handful of its latest recruits.

The new shares rank the same as the $42.2m tranche issued earlier this year to recipients including the airline’s chief Jayne Hrdlicka, which just so happened to coincide with her comments that “some people may die from coronavirus” in the path out of lockdown.
Looks as though savings from EA 'adjustments' are going to a good cause.

Margin Call - The Australian
C441 is offline  
Old 14th Oct 2021, 03:28
  #282 (permalink)  
 
Join Date: Feb 2011
Location: Oz
Posts: 1,046
Quick cash grab. If you were wondering why the once Woolworths CFO who in a previous life did oversee about $50b in revenue, downgraded his job to Virgin, at about $4b, that’s why.
PoppaJo is offline  

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