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EDEN INNOVATIONS LTD — Capital/Financing Update 2018
Apr 9, 2018
64820_rns_2018-04-09_a21bc7b9-427c-4440-9835-89f06092a5f5.pdf
Capital/Financing Update
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ACN 109 200 900
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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
10 April 2018
Issue of ESOP Options
The directors advise that they have issued 170,000 unlisted ESOP options exercisable at $0.275 and expiring 30 April 2021 (the “options”) to an employee. These options vest over a three-year period in three equal annual tranches on 27 March 2019, 27 March 2020 and 27 March 2021 (i.e. the employee will receive one third of their total entitlement each year), subject to the employee still being employed on each vesting date.
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Gregory H. Solomon Executive Chairman
Eden Innovations Ltd | Telephone +61 8 9282 5889 Level 15, 197 St George’s Terrace, Perth, Western Australia 6000, Australia | edeninnovations.com