Ann: Update on Corporate Review and Management Changes, page-359

I misread that the first time assuming options payable on actual BOA. Reading it again it seems like they issued the options on MOU in good faith, even though in hindsight not legally required. Another contract drawn up with crayons on a tissue box perhaps, and unsure why they didn't notify the market, as should be pretty straightforward.

Regardless, disputed 9m options have to be the conflict. Nothing particularly nefarious that I can see though