ITC impress energy limited

Read the ann.Option AgreementsIn addition, entities associated...

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    Read the ann.

    Option Agreements
    In addition, entities associated with Mr Eddie Smith and fellow Impress Director Mr John Gillon have entered into option agreements with Beach under which the associated entities have granted to Beach options to acquire part of their shareholdings in Impress in certain circumstances at 8.25 cents per Impress share that would lift Beach's holding to 19.9%.
    The terms of the option agreements are listed in Appendix A, attached.
 
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