this is the basis upon which the 10m Perf Rights were vested.
Extract from AGM 2014 Explanatory Notes
"Additional information regarding the offer of Rights to Ian Gordon:
.......
• if Mr Gordon ceases employment prior to the vesting of the Rights, the Rights will be forfeited;
• if Mr Gordon ceases employment because of death, invalidity, bona fide redundancy or retirement (unless the retirement happens within six months of the date of grant of the Rights) the Rights will vest. If Mr Gordon retires within six months of the date of grant of the Rights, the Rights will be forfeited;
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Ann: Issue of Shares Upon Vesting of Performance Rights-FMS.AX, page-30
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1 | 10000 | 0.650 |
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