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Here’s a question: If America isn’t and never has been a racist country (it is, but stay with me) as the massive Republican swath of white and fragile Critical Race Theory opponents claim, then why are there still entire states that are just now getting rid of its “sundown town” sirens? Why TF did American states ever even have the sirens if America wasn’t and isn’t a racist country? And we’re not just talking about states in the deep south full of people clinging to their precious antebellum roots (not that they’re racist AF or anything) we’re talking about fucking Nevada.
Flowtech Fluidpower plc, the UK s leading specialist supplier of technical fluid power products, announces the implementation of a new Long Term Incentive Plan ( LTIP ) together with an initial grant under the LTIP to the executive directors.
The LTIP has been established to incentivise management to deliver long-term value creation for shareholders and ensure alignment with shareholder interests.
Existing Management Incentive Plan and new Long Term Incentive Plan
The existing Management Incentive Plan ( MIP ) which has been in place since IPO, in May 2014, was implemented around the Company s then growth strategy, with awards that were designed to match management s business objectives. The only other grant of options made under the MIP was in June 2016. No further awards will be made under the MIP.
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Half Year Trading Update
Zambia,
The Group announces that for the year ending
30 September 2021, revenue (reported in USD) is expected to be inline with current market expectations. However, EBITDA, EBIT and adjusted Profit Before Tax are now expected to end 20% - 30% ahead of current market expectations (all reported in USD).
Despite the difficult operating environment resulting from the 2020 economic and Covid-19 related uncertainties, the encouraging first half period performance has been driven by a focus on revenue optimisation. The macroeconomic relative stability witnessed in the first half year period is expected to continue during the second half. The exchange rate has depreciated at a much slower rate while monetary supply in the economy has steadily improved. The good rainfall season and the commissioning of power projects is expected to help alleviate the load shedding situation and positively impact on performance in the second half of the financial year.