The current performance rights package expires after 5 years, so it's a long way off needing to be extended.
I had thought it was supposed to be a "long term" performance rights plan (i.e. it doesn't need to be achieved in the 1st year). But somewhere along the way they have decided they may as well dish out $31.5m in performance rights every year until shareholders complain about it.
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- Ann: Notice of Annual General Meeting/Proxy Form
Ann: Notice of Annual General Meeting/Proxy Form, page-173
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