I was wondering why 2018 options would lapse but when I read this bit it made me laugh: "* It should be noted that each of the above series of unlisted employee performance rights had performance based vesting criteria attaching to them which is outlined in the Company’s Appendix 3B dated 31 October 2014."
As in, they haven't performed as hoped. That's a bleedingly obvious understatement..!!
Ann: Lapsing Performance Rights, page-2
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