Examples of Broker Options in a sentence
The Company wishes to retain as much flexibility as possible to issue additional equity securities in the future without having to obtain Shareholder approval for such issues under Listing Rule 7.1. Accordingly, the Company is seeking Shareholder ratification pursuant to Listing Rule 7.4 for the issue of the Broker Options.
The Broker Options were issued pursuant to the Prospectus dated 5 October 2017.
Shares issued on exercise of the Broker Options rank equally with the then issued shares of the Company.
The Broker Options are exercisable at any time on or prior to the Expiry Date (Exercise Period).
The Broker Options are transferable subject to any restriction or escrow arrangements imposed by ASX or under applicable Australian securities laws.