Vesting condition for the incentive have been met. A well deserved reward for the Neuren employees if you ask me
from the annoucment dated 03/02/2022
Material terms:- Exercise price ($3.46 per share) is the volume weighted average price (VWAP) at which the Company's shares weretraded on the ASX in the 5 days preceding the date of issue of the Options.
- Vested options may be exercised no earlier than 1 year after the issue date.
- All options lapse 4 years after the issue date.
- Options are subject to the following vesting conditions:
(a) when the Company determines to progress NNZ-2591 to a Phase 2b or Phase 3 clinical trial following a positive Phase2 clinical trial outcome, or executes a partnering transaction for NNZ-2591;
(b) when the Company executes a partnering transaction for trofinetide outside North America, or submits a MarketingAuthorisation Application for trofinetide in the European Union, the United Kingdom or Japan.
(c) on acceptance by the US FDA of the filing of a New Drug Application for trofinetide.- The options carry no entitlement to vote or participate in new issues.
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Ann: Application for quotation of securities - NEU, page-9
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Last
$19.34 |
Change
0.320(1.68%) |
Mkt cap ! $2.469B |
Open | High | Low | Value | Volume |
$19.20 | $19.41 | $18.55 | $13.89M | 728.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 624 | $19.34 |
Sellers (Offers)
Price($) | Vol. | No. |
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$19.35 | 6719 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 624 | 19.340 |
1 | 236 | 19.310 |
1 | 2044 | 19.300 |
1 | 5375 | 19.230 |
1 | 1150 | 19.210 |
Price($) | Vol. | No. |
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19.370 | 17246 | 2 |
19.380 | 1000 | 1 |
19.420 | 2027 | 1 |
19.480 | 2027 | 1 |
19.500 | 3000 | 1 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$19.40 |
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Change
0.320 ( 1.70 %) |
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Open | High | Low | Volume | ||
$19.12 | $19.40 | $18.55 | 139309 | ||
Last updated 15.59pm 05/06/2024 ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
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