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L&A (8195) purportedly granted 2bn options a month ago
Company announcement, 22-Aug-2016
L&A has been facing a possible hostile takeover bid since 22-Jul-2016, and now it says, a month later, that on that date it purportedly granted options over 2bn shares to 10 "employees and consultants", of which 1.8bn have been "accepted". Our take: the grant should have been announced under the Listing Rules on 22-Jul-2016, otherwise we cannot rule out the possibility of backdating.
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