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Ann: Change of Directors' Interest Notice, page-5

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  1. 3,857 Posts.
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    Hi schmoove, re: the quantity of shares.

    Quotes from the 3Y

    See part 2 of the 3Y.

    The key words are “Subject to shareholder approval” and “to be issued” So at this stage PD has announced an agreement only.

    “Agreement to convert $150,000 loan to shares at a conversion price of $0.01 (conversion is on the same terms as the non-related shareholders who converted on 7 February 2018)

    subject to shareholder approval.”

    ——————

    “To be issued to

    Meridian Fertilisers Pty Ltd, a director related entity, or their nominee.”
 
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