Chief Revenue Officer Retention Package

GENERAL

Fri, Apr 16 2021 11:22 am

16 April 2021

CHIEF REVENUE OFFICER RETENTION PACKAGE

Geo Limited (NZX: GEO) announces that it has agreed a long term incentive and retention package with Chief Revenue Officer Scott Player, establishing multi-year equity incentives aligned to minimum revenue growth targets.

Tranches 2 to 4 of the package are subject to approval by shareholders and will be tabled at the Company’s 2021 AGM.
The key terms of the retention package are:

[see table in attached PDF]

Upon vesting, assuming that all management options are exercised and convertible notes are converted to ordinary shares, the management team at GEO would hold a 14.6% fully diluted shareholding in GEO.

For more information:
Tim Molloy
Chief Executive Officer
Tel: +61 411 592 180
Email [email protected]

ABOUT GEO
Geo is a leading SaaS business that provides job management platforms for trades, field and home service businesses. The market for Geo’s products is growing quickly as the global mobile workforce expands. Geo’s simple yet powerful software platform helps business owners reduce the complexity of running their business whilst saving time and improving cashflow.
For more information: www.geoworkforcesolutions.com