Had a look back here
2017
S.Mitchell - 2mil options with 1mil @ 40c, 1mil @ 50c.
Boulton, Billing, Turvey 500k each with split 250k @ 40c and 250k @ 50c
ALL options have 3 year expiry...so due to expire end 2020. SP was 30c when this was announced. We all know what has happened to since.
2019
ALL options @24c with 4yr expiry
S.Mitchell - 1.5m
Boulton, Turvey, Bamford - 400k each
Kim - 700k
SP @ 21c when announced
So for the privilege of the SP dropping 30% (much more than that from the highs around 40c) they have given themselves options a year before the other options even expire, at much less of a premium and with longer expiry. That's a pretty hard sell even for SM.
AGM and Options (aka. further share dilution), page-6
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