By Jon Bernstein, 28 August 2001 09:08
NEWS Company directors in failed trading community, Just2Clicks, will be much richer for the experience after it emerged that they will receive the bulk of the dot-com's positive bank balance. Despite losing £35m in the last 18 months, J2C shut up shop £33m in the black. And while ordinary investors will receive 35.5p for every share they hold - a loss of a third of their initial investment - company directors are set for a big payday. Luke Johnson, best known as Pizza Express founder will receive £710,000 for his original investment of £2,000. Meanwhile chief executive, Karl Watkin will get £3.6m for his initial £30,000 and former Labour MEP Alan Donnelly will receive £400,000 on his £1,250 investment.
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