ongoing disclosure Peter Jerrold Nathan Announcement, page-6

Hang on
Number held in class before acquisition or disposal:
3,240,000 ordinary shares (partly paid)
180,000 ordinary shares (fully paid)

Therefore Total shares held prior = 3,420,000

Number held in class after acquisition or disposal:
2,740,000 ordinary shares (partly paid)
584,471 ordinary shares (fully paid)
Current registered holder(s):
Peter Jerrold NATHAN

Total share held afterwoods = 3,324,471

That equals 95,529 share less
Peter reduced his holding by only 2.8%

But read on further down....

Su Sumary of other relevant interests after acquisition or disposal
al:
Class of quoted financial products:
Unlisted options to subscribe for Ordinary
Shares in the Company (
Opt
Nature of relevant interest:
Legal and beneficial owner
For that relevant interest,-
Number held in class:
4,000,000 Options
Current registered holder(s):
Peter Jerrold NATHAN

Peter now has 4,000,000 new options on a2 shares

The thing that I would like to know is did
a2 create 4mil new shares as salary bonus to Peter
or did they buy them on market themselves.

If they have created new shares it all affects us as shareholders
as all these new shares created dilutes our holdings value wise
and in future dividend wise.