@Hokey 5771 do you have an example where the board of a company has amended the expiry dates of performance shares?
According to the ASX rules on performance share, my reading is that if the milestone is not met by the expiry date then the performance share must be cancelled.
A simple cancel and a reissue would look bad, and from the rules it looks like the ASX approves or disproves performance shares. Do you have an example of the ASX allowing cancelling and reissue of performance shares with a different date?
https://www.asx.com.au/documents/rules/gn19_performance_shares.pdf
"Page 7
8.4 the performance share must have an expiry date by which the relevant milestone is to be achieved and, if the milestone is not achieved by that date, either the performance share must be cancelled or bought back for no or nominal consideration only or else the total number of performance shares on issue must convert into a nominal amount of ordinary shares only."
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