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CROWN RESORTS LIMITED (ASX:CWN) - News: CWN Crown Resorts announces issue of options, 24266382, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
CWN
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0.25% $12.09 crown resorts limited

April 26 (Reuters) - Crown Resorts Ltd (CWN) issued a total of...

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    26/04/17
    11:25
    Post #: 24266382

    April 26 (Reuters) - Crown Resorts Ltd (CWN)

    • issued a total of 14 million options to acquire a like number of fully paid shares in crown.
    • options are unquoted options and have been issued to john alexander and a small number of senior executives
    • under terms of options, any shares to be delivered on vesting and exercise of options issued to john alexander must have been purchased on-market
    • Exercise price of each option is $11.431 less amount per share of special dividends and capital returns
    • shareholder approval is not required for issue.
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