RE: Positivity is key here.6 Sep 2022 08:16
This is excellent for us at this price. It means the price has to go above 25p and 40p and stay here for a while and eliminates any future low price dilutions. Also with the 201 news due likely this month the best buy around imo.
Massive thanks to Adam for helping us.
The options detailed in the schedule below are exercisable only under market conditions that demonstrate growth in the Company's market capitalisation. Band 1 options vest only after the Company's share price has maintained a 20 Day VWAP (Volume Weight Average Price) of 25p, Band 2 options vest only after the share price has maintained a 20 Day VWAP of 30p and Band 3 Options vest only after the share price has maintained a 20 VWAP of 40p within 2 years of the options being issued. If the price has not reached these price targets by 6 September 2024, the options will lapse; if they meet the criteria, the options can be exercised at any date to 6 September 2032 with an exercise price of 12p.