“Exercise Price
Subject to paragraph (j), the amount payable upon exercise of each Option will be the 50%
premium to the 30 day VWAP immediately prior to the Meeting (Exercise Price).
30 day VWAP means a volume weighted average price for Shares over 30 consecutive trading.”
Found this
So for 30 days prior to AGM the average share price will determine the options price ( plus 50% )
Hmm
May we should all try to get the share price higher but would there be forces against us ?? !!
( or am I reading this wrong ? )
Ann: Notice of Annual General Meeting/Proxy Form, page-7
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