KSN 0.00% 9.0¢ kingston resources limited

Seems it was to make it clear on what targets need to be...

  1. 474 Posts.
    Seems it was to make it clear on what targets need to be achieved for certain employees to be paid a "bonus" as shares in the company.


    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0 Share Price $0.029 $0.030 $0.032 $0.034 $0.036 $0.038
    1 STI Level 1 Hurdle - Performance Rights proportion vested 17% 33% 50% 67% 83% 100%

    So if the SP is at 2.9c, only 17% of the available bonus is paid. If it is at 3.8 cents, then 100% is paid.
 
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