One of the previous AFR articles had a quote from BIG in response. Also the latest ASX announcement from BIG also responded to this. If you have a look at those two bits of info it should make it clearer.
Analysis on HC over the w/e found that they likely exercised 2.5m options in December '17 and then were issued the remainder as mentioned in the ASX announcement.
Sorry you'll have to do the rest to satisfy yourself.
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