Ann: Forthcoming Escrow Release, page-17

**edit** I didn't see buddy boys answer when I typed this. Same info more or less.

So first of all it isn't 'dilution' per se. It is simply existing shares are now able to be sold. There is *some* dilution with the options but they are tiny (~2.7m) in comparison to the shares coming out of escrow (~93m). If you look at a previous Form 2a, in part 5 you will see 103,223,958 as total number of shares on issue and what is on escrow, options etc.

Long story short - the number of shares available is about to DOUBLE. I'm a novice investor and have never seen a float double like this and is the reason I follow SZL as a learning experience.

Don't expect the share price to 1/2. Most insto investors would have known about them. Plenty on HotCopper did not know about them (the give away was when they used the ~900m market cap, true market cap is ~1.8B). Importantly most (all?) of the shares coming out of escrow belong to a single person, I doubt they will dump them onto the market and crash the share price. They will do that tactfully in future, perhaps when the US listing occurs - I await the announcement: "selling shares to help with liquidity on US listing"... that is just a guess.