These options were held by Gary Powell, Manager of Geology and Resources who left in September last year, so a bit late in cancelling the options that hadn't vested to him when he left. It also means that the share based payment expense in the latest half yearly accounts was incorrectly calculated on the high side as it didn't take into account that these options expired when the employee left. Careless.
Ann: Cancellation of Unquoted Securities (Options) MMLAO, page-5
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