Distell’s share trust pays BEE shareholders more than half a billion rand
Distell’s black economic empowerment (BEE) deal – signed in 2005 – has paid out in excess of R600m after tax to about 4,000 employees as part of the company’s employee share ownership plan (ESOP,) culminating in an important milestone on the JSE-listed wine and spirits producers’ transformation journey. The share value windfall was […]