Ive just called the company and its not what it seems.
Its just an advance to the tax department for this employees liability. They still will end up paying the liabilty.
I think you would agree it could of been worded better.
''Under the Biota Employee Option Plan, the
Company has appointed Taylor Collison to
sell 55,319 of these new shares to meet
potential tax liabilities of staff. Taylor
Collison will sell these shares over the course
of the next 5 business days.''
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Ann: Appendix 3B , page-5
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