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Ann: Thred Attains Significant Milestone on Launch of MVP App-THD.AX, page-2

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  1. 31 Posts.
    Hi there,

    I'm rather new at investing, into my fourth week now. In fact THD was the first stock I purchased. Can somebody please explain the following paragraph from the report.

    As such, 31.5 million performance shares will convert into fully paid ordinary shares in Thred Ltd in accordance with their terms and conditions of issue, including a 2-year escrow from issue.


    Thanks.
 
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