After Balance Date Events
Executive share option plan
On 22 August 2006, the company issued 900,000 share options, exercisable at 22.5c, to key management pursuant to the Aspermont Executive Option Plan. The options expire three years from the date of issue.
Loan note to Primedical International Limited
In March 2006 the company subscribed for a loan note to the value of A$119,510 with Medpri Limited, based in the United Kingdom. The note was subsequently transferred to Primedical International Limited. The note had an expiry date of 31 July 2006 and provided for several conversion options. If the options were not exercised prior to the expiry date, default interest was to accrue until such time as the available options are exercised.
Executive share option plan
On 22 August 2006, the company issued 900,000 share options, exercisable at 22.5c, to key management pursuant to the Aspermont Executive Option Plan. The options expire three years from the date of issue.
Loan note to Primedical International Limited
In March 2006 the company subscribed for a loan note to the value of A$119,510 with Medpri Limited, based in the United Kingdom. The note was subsequently transferred to Primedical International Limited. The note had an expiry date of 31 July 2006 and provided for several conversion options. If the options were not exercised prior to the expiry date, default interest was to accrue until such time as the available options are exercised.