BTA 0.00% 57.0¢ biota holdings limited

Ann: Appendix 3B , page-5

  1. 8,877 Posts.
    lightbulb Created with Sketch. 20
    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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