Please correct me If what I have understood is incorrect. I have done some math and here is what I think.
* Future VWAP values are examples only
5 Trading days before shares issued
Issue date 7th OctVWAP 1 2 09/30/2020 0.051 3 10/01/2020 0.051 4 10/02/2020 0.049 5 10/05/2020 0.052 6 10/06/2020 0.053 7 8 9 Average vwap 0.0512 10 15% Discount 0.00768 11 12 SPP 0.04352 13 SPP Rounded 0.043
Ann: Share Purchase Plan Booklet, page-45
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