MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Letter to Optionholders for Expiry of Listed Options, page-2

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  1. 478 Posts.
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    Alright, keep your panties on, tyre-kicking, non-holding, agenda-laden down-rampers all:

    Listed Options

    For listed options (and other ‘convertible securities’) the ASX has a process in
    Appendix 6A for the company to inform optionholders of the impending expiry date of
    the options, and provide them with relevant information, as follows:


    6.1 An entity must send a notice to each holder of quoted convertible securities at
    least 20 business days before the conversion date or expiry date of the option. The
    notice must include each of the following:


    (a) The name of the holder of the convertible securities.
    (b) The number of convertible securities held, and the number of securities to be
    issued on their conversion.
    (c) The conversion or exercise price.
    (d) In the case of options, the due date for payment.
    (e) In the case of options, the consequences of non-payment and, in the case of
    other convertible securities, the consequences of not exercising the right of
    conversion.
    (f) The date that quotation of the convertible securities will end (which is 5
    business days before the expiry date for options or final conversion date for
    other convertible securities, unless there is a later maturity date).
    (g) The latest available market price of the underlying securities*.
    (h) The highest and lowest market price of the underlying securities* during the
    3 months immediately before the notice is issued, and the dates of those
    sales.
    (i) The information required by (g), (h) and (j) in respect of all quoted securities
    that would be, if fully paid, in the same class as the underlying securities.
    (j) In case of options, the details of any underwriting agreement notified under
    rule 3.11.3.


    Just our first-rate management, doing their first-rate management standard requirement thang. Nod as ever to our tireless office bumf-wranglers.

    Get those Ops coverted, breth! Sell your bleedin' granny if you have to! GLAH.​
 
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