Of Course Les Is On Board???From the London board, press and journal,
thaca boss pledges security for staff in Delek takeover.
Delek bosses said Ithaca would become a "subsidiary" of the Israeli conglomerate, They hope to retain the current management team of Ithaca, which expects first oil from Stella later this month. Les Thomas said Delek`s approach "made perfect sense" as they understood Ithaca`s strategy since 2015. The company is understood to be planning to list in London during 2017.
So much for BOD not having an incentive in recommending deal! The plot thickens.