BIT 2.22% 4.6¢ biotron limited

Dr Michelle Miller has converted all her options with $597,000 of her own money, why now?, page-18

  1. 859 Posts.
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    Still no 3Y notice?

    The shares don't get put on your HIN straight away...takes 7-10 business days...I'm sure when they have been issued, the required Notice will be lodged

    ASX rules require Appendix 3Y to be lodged within 5 business days of transactions.

    For 2m options exercised at 15c last Thursday MM will need to lodge 3Y by this Thursday. But assume will likely lodge tomorrow - and include all recent option exercises (totalling $840,000).

    Not sure about your 7-10 business days. In any case, for 3Ys it is the date of transaction that is the reference date - and would expect would be on MM's HIN well inside 7-10 business days.
    Last edited by cyprus: 23/10/18
 
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