GRL godolphin resources limited

Option Conversion, page-11

  1. 5,851 Posts.
    lightbulb Created with Sketch. 711
    @Maxou - In answer to your question:

    All Godolphin’s eligible share holders and option holders, with a holding on the Record Date of 5 June 2020, will receive 1 free Loyalty Option for every 3 Company shares and options held. Each Loyalty Option will be exercisable at any time on or before 24 months from the issue date, with an exercise price of 20 cents. The Loyalty Options will not be transferrable, nor will they be listed on the ASX. Shares issued upon exercise of the Loyalty Options will rank equally with all shares on issue.
    *********************************************************************
    You say you have a small holding - perhaps to be certain, you might look at Godolphin's announcement of 8th October 2020 regarding small parcels ( you might not fall into that category but it might be best you look see)

    Cheers.
 
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