ALC
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5.00% 6.3¢ alcidion group limited

Ann: Notice of Annual General Meeting/Proxy Form, page-10

  1. ZMan
    3,635 Posts.
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    26/09/18
    13:28
    Post #: 35853917
    The company can already issue shares under the incentive plan, but they will be treated as part of the 15% annual new issue limitation.

    If shareholders agree to both resolution 5 (additional 10% capacity) and resolution 6, then the company can issue up to 30% new shares annually. I cant see any need for that.

    Let them come back to shareholders if there is a need for a large placement.
    ALC Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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