PAB 14.3% 0.8¢ patrys limited

Ann: Appendix 3C - Loan Share Plan Buy Back , page-3

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    The company is buying back and cancelling ~150k shares at ~14c, and ~75k shares at ~10c, that were issued under the loan share scheme i.e. to employees.

    Without looking into the details of the scheme, it sounds like an employee(s) bought that many shares via a loan from the company but has not paid for them and e.g. may no longer work there.
 
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