This announcement serves as a reminder to current and future holders of the listed options (code: DYLO on ASX) (Options) as to the terms of those Options, in particular the term in relation to the Acceleration Trigger.
In summary, the Options have an exercise price of
Within the Option terms as set out on the Holdings Statements, Clause (b) references the Acceleration Trigger. This means that, if the DYL fully paid shares trade above
Any Options not exercised by the New Expiry Date will lapse as expired.
We further advise that, should Option holders wish to deposit funds on the exercise of their Options by EFT, rather than by cheque, a bank account has been established for that purpose. Account details are:
Account
BSB: 036-406
Account Number: 305001
Any funds directly deposited must clearly be referenced with the Option holder's registration name and
It should be noted that any exercise monies received by cheque must be cleared through the Company bank account prior to the conversion to shares. Given the delays being experienced by mail, completed Exercise Notices can be lodged by email to info@deepyellow.com.au using the form set out on the reverse of the Holding Statement received by Option holders from the share registry,
Unit 17,
Subiaco Western Australia 6008
PO Box 1770
Subiaco Western Australia 6008
T: +61 8 9286 6999
E: info@deepyellow.com.au
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