It's an exercise of options (which I assume were granted to him some time ago).
So, yes, they are dilutive but I'd need to check the date of issue against the share price at that time to form a view on them - if the exercise price was set well above the prevailing share price at the time if issue then no complaints from me.
ATP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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