Refinancing Move Means Pay Day Bonanza for Staff ; Construction

Summary


Management and staff at Cala are sharing in a multi million pay day after a refinancing of the housebuilding and property firm.

Executive chairman Geoff Ball has received pounds 21 million while more than 100 staff and senior directors will share pounds 99 million.

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Extract


Refinancing Move Means Pay Day Bonanza for Staff ; Construction

They are each reinvesting at least a quarter of their gains, led by Mr Ball who is ploughing pounds 5 ...

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