Option exercise requirements dependent on the nature and terms under which the options were originally granted.
Sometimes director options need to be paid out or forfeited within a certain timeframe after leaving a company.
Seems like AH knew and took action beforehand. Took the opportunity after a terrific announcement and before Christmas/NY slow period.
I also noticed that the AGM seemed very flat and emotionless.
I thought AH looked strange and just stared down the camera like an owl / "deer in the spot light" - that is what I was think while watching.
If IMU has a number of large Super Fund Shareholders, then it is my guess they may have voted against due to AH's new conflict of interest.
Time will tell.
Interesting times indeed.
GLTAHs
Ann: Change of Director's Interest Notice (AH), page-12
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