I am interested in the directors share dealings (don`t know how they work).
What follows is an extract from directors report.
#("Ordinary Shares") to Sharon Wood, the wife of Andrew Wood, a director of the company, pursuant to the exercise of options over 1p ordinary shares as follows:
Options Exercise price (p)
56,335 15.5p
37,965 11.5p
Total 94,300.
In addition to the above options over 160,161 ordinary shares granted to
Sharon Wood have lapsed. #
How do they obtain these shares and to what degree would it affect the share price for us 'menial' shareholders.
Do they pay for them or not, How can they lapse, as stated in the last sentence?
I am a share holder but still learning about the effects of directors dealings and other factors regarding the overall share price.
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