WH Ireland has today announced the extension of a deal under which four of its non-executive directors will receive share capital in lieu of remuneration.

As previously announced, Philip Shelley, Victoria Raffé and Simon Lough and Alistair Buchanan agreed to receive ordinary shares  in the company in lieu of 25 percent of the fees that would otherwise be due to be paid to them in the year to 30 November 2020.

The ordinary shares for the period ending 30 November 2020, being the second tranche have been issued today at a price of 48 pence.

This means Mr Shelley holds 2.4 percent of issued capital, Ms Raff...