As set out in the previous announcement and the notice of the...

As set out in the previous announcement and the notice of the GM, the New Options are being
offered to previous holders of listed options in the Company that expired on 13 February 2013
(“Expired Options”).
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It is noted that the New Options are being offered to all previous holders of the
Expired Options as at 13 February 2013 on a one for one basis other than Scooby Holdings Limited, a
company controlled by Jason Brewer, a director of the Company, who held 575,000 Expired Options
but has elected not to accept the offer of 575,000 New Options.
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Wonder why he let them lapse?