At the very least, you’re assured of the fixed interest rate of 5% at the end of the term - you can think of this as your safety net. But we’re hoping to be able to reward you with more than this. As soon as we generate distributable profit that exceeds the minimum interest rate, you’ll receive a share of this profit at the end of the financial year. The minimum interest rate would then no longer apply. Incidentally, the same applies in the case of an IPO or the sale of Tomorrow. This remuneration is not capped.
Modified on: Wed, 13 Oct, 2021 at 3:52 PM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.