Ann: Appendix 3B, page-2

So we know either 50% of HX is done or they already have 50% of a house build.

(i) Vesting based on Performance hurdles: • 50% Associated with Hadrian X build, expiring 30 September 2018 • 50% Associated with building standard home, expiring 12 November 2018 (ii) 3 year term with 30 cent exercise price vesting on employment conditions



Could this explain the s3XT a while back ?