Trilogy director Sigaloff sitting on $664,000 'paper profit' as share options vest

Mon, 26 Sep 2016

By Edwin Mitson Sept. 27 (BusinessDesk) - Trilogy International independent director Mandy Sigaloff is sitting on a paper profit of $664,000 after she exercised share options granted prior to her appointment in 2013. Sigaloff was granted the right to buy 200,000 ordinary shares at a price of 80 cents as part of her agreement to join the company's board. The options were authorised by the directors on Nov. 22, 2013, when shares traded at 60 cents. The options expired at the end of the month. A notice to the NZX shows Sigaloff exercise...

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