what happens to the options

This is Mr Lincoln Augustus, first second cousin of Holymagiman

Good day to all you fine folk out there.

I was just wondering how the SXP options are going to be treated in any share merger with another company. Would the options have to be converted to fully paid shares to participate or what?

I am sure many learned minds out there have an answer to this question.

Thank you
I remain

Yours etc., etc.,
MLA