Much better than going the Hong Kong options cash grab. END of Day still under 800mil shares
Effect on capital structure The effect of the SPP Option Offer on the capital structure of the Company, assuming the SPP is fully subscribed for, and all of the Options offered under this Prospectus are issued (but no other Shares are issued or options exercised), is set out below: Number of Shares Number of unlisted options (1) Options Offered under this Prospectus Balance at the date of this Prospectus(2) 751,772,713 7,000,000 - Maximum to be issued under the SPP 29,629,629 - - Maximum to be issued under the SPP Option Offer(3) - - 14,814,814 Total Securities on issue after the SPP Option Offer 781,402,342 7,000,000 14,814,814 Shares to be issued if conversion of Options occurs 14,814,814 7,000,000 (14,814,814) Diluted capital position 796,217,156 7,000,000
TNG Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
