I mis-read this initially too. There are 2 parts:
1. The Share purchase component1:8 with a 3.4c option 2019 is open to all shareholders with shares from the record date.
2. The other option component is for those who particpated in the share placement on those dates.
I hope this helps
BSR Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held