Patisserie Holdings – LTIP revelations reflective of broader malaise affecting UK small caps
The failure to properly disclose in its statutory financial statements, the grant of options relating to 2015 and 2016, is seemingly yet another indication of slack corporate governance at Patisserie Holdings. We are also staggered this wasn’t picked up by the auditors as part of their routine work.
However, this is a mere glimpse of the numerous issues that pervade many UK small caps, where remuneration awards granted to senior management are often totally out…
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