Ann: Annual Report to shareholders , page-3

Not sure about the first point.

The second point, my take would be No.

Nobody throws away funds like that. As the options have expired, a cheaper alternative would be to buy on market & could buy the same amount for roughly 1/2 the price, it would have the effect of moving the price up & remove more shares from the market...

But I assume those options were given to them so no hurt money in it to convert.

The company has sufficient funds to continue trading, so no urgency.

M