MPO molopo energy limited

Just wonder how they can do the below while still listed on the...

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    Just wonder how they can do the below while still listed on the asx........

    Dilution Limits
    The Employee Incentive Scheme contains a 5% dilution
    limit, which mirrors the ASIC Class Order 03/184.
    However, the exceptions under this Class Order mean
    that Molopo is unlikely to ever reach the 5% limit,
    due to the majority of its employees being outside of
    Australia. As a result, Molopo has also introduced a
    10% limit on total unvested equity outstanding under
    the Employee Incentive Scheme compared with the
    number of shares on issue, with no exceptions to
    this limit. This limit reflects market practice in North
    America, where the proportion of remuneration which
    is paid in equity is significantly higher than is market
    practice in Australia.

    Board may also morph or grow as well.....

    In accordance with Recommendation 3.3, Molopo
    seeks to have at least one female director on the Board
    by 2014 subject to the particular skills and gaps on
    the Board at the relevant time. In relation to senior
    management gender diversity, Molopo aims to have
    25% female representation at the senior executive
    level over the longer term, recognising that there may
    be fluctuations at times. The Company also aims for
    the proportion of females in Molopo as a whole to be
    greater than 30%.
 
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Currently unlisted public company.

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