ALC 9.72% 7.9¢ alcidion group limited

The company can already issue shares under the incentive plan,...

  1. 3,618 Posts.
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    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.
 
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