Ann: Change of Director's Interest Notice , page-9

"Because if the outlook was not good, then you would think they would still exercise the options, then dump them on market for a quick dollar'

On the other hand if the outlook was good i cannot see why they could not excise and hold and then make the money when the deal goes thru...........
They have been issued to them so are entitled to them so why not apply for an extension due to the circumstances prevailing with the t/o.......sure that must be possible at the least..........
Very strange it seems!!