MFG 1.05% $10.60 magellan financial group limited

Ann: Magellan Global Fund Partnership Offer Update, page-6

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  1. 214 Posts.
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    "In addition, MGF Options will also be issued to eligible Closed Class Unitholders of the Magellan Global Fund who were unitholders on 26 February 2021 on a one for two basis under the Bonus MGF Option Issue."

    Can anyone please break this down/explain?

    This is new information to me, i have not seen this on any prior correspondence

    thanks in advance
 
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