GLL 5.00% 2.1¢ galilee energy limited

Ann: Appendix 3B - Exercise of Unlisted Options, page-3

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    Maybe, but don't forget market would have anticipated these last 11.825m options would be claimed. Consider the alternative if not exercised, wouldn't the market see this as a negative considering the relative prices (SP to option price).
    Also revealed today new top 10 as at 2 January (which do not include these options) reflecting the change in top10 positions participating in underwritten options uptake December.
    Changes:
    Increases
    CS Third 10.1m
    Carpe Diem 15m (doubles to holding 30m and is now largest SH at 11.56%)
    HSBC 0.613m
    JPMorgan 0.84m
    JPMSAL 3.617m (New ??)
    Decrease
    HSBC No.2 a/c 8.34m
    Over and above these changes an additional 2.05m were taken up by top 10 holder/s since December update.

 
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