this is from the ann , i think this is new ???? and has nothing...

this is from the ann , i think this is new ???? and has nothing to do with share issues , please read the below

RESOLUTION 7 – APPROVAL OF LONG TERM INCENTIVE PLAN 7.1 Introduction The MinQuest Limited Long Term Incentive Plan (LTIP) provides for the issuance of performance rights or options (Awards) to directors, full-time and part-time employees as well as consultants and contractors of the Company and its subsidiaries. The form and implementation of the LTIP was approved by the Board on 27 August 2015, subject to Shareholder approval in accordance with Resolution 8. The LTIP is designed to reward performance and to incentivise and retain the Company’s key talent. The Directors consider that the granting of securities to its personnel is a cost effective and efficient incentive for the Company when compared to alternative forms of incentives such as cash bonuses or increased remuneration.