Page 161: if there is a bonus issue to the holders of Shares in the Company, the number of Shares over which the Option is exercisable may be increased by the number of Shares which the Option holder would have received if the Option had been exercised before the record date for the bonus issue.
The key word is if, so presume no longer happening. Some option holders would have converted as a result of the offer of free bonus options.
I like some of you didn't sell heads because of the bonus option so do feel a bit annoyed as well.
Add to My Watchlist
What is My Watchlist?