PYC 2.56% 19.0¢ pyc therapeutics limited

Ann: S 708A cleansing notice for option exercise, page-2

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  1. 5,382 Posts.
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    Am i understanding this correctly that there are still 20 million options outstanding due to expire in sept 17. Assuming they get converted 500k more onto the account? Still a bit unsure how these things work so curious if i understand correctly.
    Also another 20 million plus options at $nill to be converted by 2019 is that also correct? I assume there must be some conditions on these otherwise wouldnt they just convert now??
 
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