Ann: Employee Share Scheme buy-back and Appendix 3C-ABU.AX, page-6

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    lightbulb Created with Sketch. 601
    Relax guys.

    Loans were created and shares issued but not delivered in 2010 at a strike price of 36cents.(fair price at the time)
    These were to Chairman (M Etheridge) and Director (D Holden) who have since both resigned.
    It is just a accounting entry now.
    Loans struck off books and shares cancelled.
    No money changed hands.
    Hope this clears it up.

    Jim.
 
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