I spoke with Automic this afternoon. They advised that as the funds are payable to MYL it is up to their discretion when the exercise of options is approved. Also the option will not be approved until funds are cleared so no post expiry settlement.
As with all things there can be delays in processing and payment etc. so I'd be leaving plenty of time to account for this
MYL Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held