Ann: Issue of Options under ESOP & Appendix 3B, page-3

This is what I mean pretty much simple for me to follow as management has done a good job and if they are aiming to hit @ .50 + so they can buy @ .30 its not rocket science.

Glad it's been approved by SH than again it should, as we all wanted the SP to go much higher for the benefit of SH like us.

So come on management get your self some discount shares please



The granted Options under the ESOP are subject to the following vesting conditions.

1. The Company’s underlying share price must exceed $0.50 based on volume weighted average
price (VWAP) over a 5 day consecutive period;
2. The exercise period of the Option shall not commence until a date that is at least 12 months
after the date of grant of the Options (29 August 2016);
3. Subject to these vesting conditions, the Options have an exercise price of $0.30 and shall
expire 36 months after the date of issue; and
4. The holder must be an actual consultant to or employee of the Company at the time of​

exercise of the relevant Options.