In QuotedData’s morning briefing 7 May 2020. As IAG (parent company of British Airways) says it does not expect to see 2019’s level of passenger demand for flights again until 2023 and BT suspends its dividend for the previous and current financial year – dealing another blow to UK equity income investors:
- Origo Partners says that covid-19 has disrupted its plans to sell the remainder of its investments.
- Yellow Cake’s CEO and CFO have been awarded options in the company. Andre Liebenberg gets 84,480 and Carole Whittall 67,584. these have an exercise price of 196.92p and are exercisable three years after the date of grant (which was 24 February 2020) and expire after ten years. The exercise price is based on the average closing mid-price of Yellow Cake’s shares over the five days before the grant.