Story image

Dicker Data employees score $1000 in company shares

12 Mar 18

Dicker Data is giving its all of its employees with $1,000 worth of company shares, with the distributor describing the move as simple recognition of the hard work and continuing contribution of its employee base.

The offer will be made under and in accordance with the company's 40th-anniversary celebration employee share plan and will involve approximately 400 eligible employees across Australia and New Zealand.

The issue price for these new shares will be determined as the ASX closing price on the day before the date of issue, which is expected to be 28 March 2018.

For reference, Dicker Data’s current share price (as of the 12th of March) is sitting at $2.90.

Dicker Data chairman and CEO David Dicker says, “Since listing on the ASX in 2011, the growth in our share price and growth in the company’s key metrics have all been made possible by our staff.

"As we celebrate 40 years in business in 2018, this initiative is our way of giving back to our wider teams across ANZ and thanking them for their contribution towards our record results year after year.”

Assuming that all eligible employees accept the offer, the company expects to issue up to approximately 144,000 new shares on the issue date (which - at the current trading price - would be worth approximately $417,600).

Dicker Data says that the 40th anniversary celebration employee share plan is designed to enable the company to retain and attract skilled and experienced employees, while motivating them to make the company more successful.

Proofpoint launches feature to identify most targeted users
“One of the largest security industry misconceptions is that most cyberattacks target top executives and management.”
How blockchain will impact NZ’s economy
Distributed ledgers and blockchain are anticipated to provide a positive uplift to New Zealand’s economy.
McAfee named Leader in Magic Quadrant an eighth time
The company has been once again named as a Leader in the Gartner Magic Quadrant for Security Information and Event Management.
Symantec and Fortinet partner for integration
The partnership will deliver essential security controls across endpoint, network, and cloud environments.
Review: Blue Mic’s Satellite headphones are good but...
Blue Mic’s newest wireless headphones deliver on sound, aesthetic, and comfort - but there is a more insidious issue at hand.
Is Supermicro innocent? 3rd party test finds no malicious hardware
One of the larger scandals within IT circles took place this year with Bloomberg firing shots at Supermicro - now Supermicro is firing back.
Forcepoint and Chillisoft - “a powerful combination”
Following Chillisoft’s portfolio expansion by signing on Forcepoint, the companies’ execs explain how this is a match made in cybersecurity heaven.
David Hickling in memoriam: “Celebrate the life and the music it made”
Dave was a well-respected presence in the IT channel and his recent death was felt by all the many people who knew him as a colleague and a friend.