Ann: LWP EGM Notice of Meeting 8 July 2015, page-9

"Under Listing Rule 7.1, a listed company may not issue shares if the shares issued, when aggregated with other shares issued over the previous 12 months and not subject to an exception to Listing Rule 7.1, exceed 15% of the issued capital of the Company. The placement of shares did not result in the issue of more than 15% of the issued capital of the Company, however the Board would like the flexibility to issue further shares over the next 12 months."

I think they don't want those shares to be within their 15% share issue capabilities, to allow them to issue more shares in future.

Regardless, EAS are obviously setting themselves up for something. Will be a good day when they can exercise those oppies.