That's exactly what you are buying . Anytime between now and...

That's exactly what you are buying . Anytime between now and 2020 you just contact co. Secretary and they will send you a form and you just write a cheque for 40c x however many you want to convert and then they will appear as FPO in your normal account. If you follow a lot of shared you will see companies issuing non-sensitive Appendix 3b notices. These are just reporting anyone converting their options into shares at any given time