M4M 6.45% 2.9¢ macro metals limited

Ann: Share Purchase Plan, page-18

  1. 2,626 Posts.
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    ive seen it before but its rare

    what is even rarer is actually using the clause - generally they just shut it down when it gets to a bit over the max and scale it back a per % - then they get to use the words "closed early! oversubscribed!"

    although thinking about it - a PLS SPP years ago only rewarded shareholders who still had a certain minimum amount of shares [ thats the only 1 of that tweaking i know of ] i think it was a few thousand..[ going by my bad memory ]


    good to see a SPP was included after some pressure from shareholders always nice to look after the loyal shareholders..

    especially the one that have been around here the last 5/10 years
 
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