LYC lynas rare earths limited

Ann: Appendix 3Y (A Lacaze), page-4

  1. 8,445 Posts.
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    What don't you get she sold 70% of her grant saying she had to do it to cover taxes from the grant. can you justify that? You say she increased her holding not true. here is numbers from 2021
    75,365 Ordinary Shares
    Indirect:
    3,370, 780 Ordinary Shares
    1,283,349 Employee Performance Rights
    Just to refresh your memory here are numbers from this year

    75,365 Ordinary Shares
    Indirect:
    2,570,780 Ordinary Shares
    1,483,031 Employee Performance Right

    So ordinary share did not change by a single share
    Indirect Went down buy 1.2 Million. and just in case you did not know there is no requirement to file with SEC when selling indirect share.
    Now you may ask how if she did not sell all the grant does not direct shares how come direct ownership did not increase. in US Sr mangers do this all the time. They transfer shares to a trust that they are still owners of but have no say in buying or selling of securities. They are also not required to say when sell or buys happened because they had no control over it. Of course, it could be a friendly lawyer. Possibly even her husband. in US spouses for real Sr EXs gets looked at a lot. I doubt it is him.
    So take a good look and explain why you think she is increasing her share. I am sure you will admit you are wrong if you cannot prove what you said. You would not want to be responsible for spreading false ideas.


    Here is her selling from last year.
    https://wcsecure.weblink.com.au/pdf/LYC/02463048.pdf
 
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