Capital Structure
Following the issue of 2,910,000 shares at $0.40 on 4 October 2007 and an earlier issue of incentive options, the capital structure became:
- 22,310,000 Shares on issue;
- 14,275,000 Options on issue
After completion of the offer ("Offer") referred to in Rialto's Prospectus dated 26 May 2006 ("Prospectus") the pro forma capital structure was:
Number | Shares | % |
Currently issued Shares | 49 | |
9,750,000 | Shares issued pursuant to Offer(a) | 51 |
19,400,000 | Total Shares on issue |
|
| Options |
|
7,650,000 | Existing Options (b) | 60 |
4,875,000 | Attaching Options | 38 |
250,000 | Broker Options(d) | 2 |
12,775,000 | Total Options on issue |
|
Note:
(a) The rights attaching to Shares are described in Section 10.4 of the Prospectus.
(b) The terms of the Existing Options are summarised in Section 10.6 of the Prospectus.
(c) The rights to the Attaching Options are set out in Section 10.5 of the Prospectus.
(d) The terms of the Broker Options are summarised in Section 10.6 of the Prospectus.