The Company also intends to launch an options entitlement issue approximately four months after listing, on the basis of one option for every four ordinary shares held in the Company (at a record date to be confirmed), expiring three years from the date of issue and exercisable at 20c. All shareholders on the register at the record date will be entitled to participate.
This could be a very valuable option for shareholders who are holding at record date. Not sure many punters are aware of the above - once they cotton on it could get very interesting.
YPB Options
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