v3.25.1
Remuneration of Key Management Personnel
 12 Months Ended
Dec. 31, 2024
Remuneration of Key Management Personnel [Abstract]  
REMUNERATION OF KEY MANAGEMENT PERSONNEL

8. REMUNERATION OF KEY MANAGEMENT PERSONNEL

 

$’000  Year ended December 31, 
   2024   2023   2022 
Director  Directors’
fee		   Bonus   Salary   Share
based
payments		   Directors’
fee		   Bonus   Salary   Share
based
payments		   Directors’
fee		   Bonus   Salary   Share based payments 
G. Cerrone (1)   673    1,180    -    901    717    100    -    562    296    148    -    - 
Ivor Elrifi   -    -    131         
 
    
 
    
 
    
 
    
 
    
 
    
 
    
 
 
Willy Simon   58    -    -    95    56    -    -    98    55    -    -    83 
J Brancaccio   58    -    --    95    56    -    -    98    55    -    -    83 
K. Shailubhai   -    -    -    
 
    -    -    -    -    -    -    379    (145)
T Adams   -    -    
 
         -    
 
    
 
         -    -    -    (1,967)
    789    1,180    131    1,091    829    100    -    758    406    148    379    (1,946)

All bonuses are short term. No post-employment or termination payments were made.

 

The following share options were granted to directors in the following periods:

 

   Year ended December 31, 
   2024   2023   2022 
   Number of
options		   Number of
options		   Number of
options		 
             
W.Simon   200,000    75,000    
     -
 
J. Brancaccio   200,000    75,000    
-
 
    400,000    150,000    
-
 

 

Key management personnel of the Group are comprised of directors and officers of the Company.

 

No share options were exercised by directors during the years ended December 31, 2024,2023 and 2022.

 

The Company made payments totaling approximately $21k, $25k(restated), and $32k to defined contribution pension schemes on behalf of directors and employees during 2024, 2023, and 2022, respectively.