Ann: Withdrawal of Resolutions , page-7

Jones and his cronies must have seen the potential "backlash" from the shareholders with regard to the proposed approval of the performance rights.
My gut feel also tells me they may have been very concerned of the potential "insider trading" allegations should the approval of the performance rights had been granted. I know for a fact I would have personally reported it to ASIC and put Jones and his cronies under extreme pressure.