Granting of ASX Waiver

Summary by 6ix AI

These waivers allow for the options to be cancelled or transferred without requiring shareholder approval, provided certain conditions are met. The announcement outlines the terms under which the options will be treated if the scheme becomes effective, including the exchange for new options in CAML. If the scheme does not proceed, the existing terms of the Cygnus Options will remain unchanged.

Written by 6ix AI from the company’s filing. How 6ix writes summaries