I'm a little confused: on one hand it's stated (2nd Dot point above) that "Subject to s/h approval, the number of performance rights offered to Mr Wilson will be 5 million".
Then (as shown in green above) it states that "the maximum number of Shares issued on the excise of the performance rights that maybe offered to Mr Wilson is 25 million".
I'm obviously missing something .... but what?
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Ann: Tivan launches $7.5m Entitlement Offer for Shareholders, page-27
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