Biotron Limited Options Exercise Instructions

Biotron Limited has two series of ASX listed options on issue:

  1. BITOA Options are exercisable for $0.06 each during the life of the Options which expire at 5.00pm (Sydney time) on Friday, 30 November 2018.
  2. BITOB Options are exercisable for $0.05 each during the life of the Options which expire at 5.00pm (Sydney time) on Thursday, 12 December 2019.

How to exercise your options

  1. Please complete the appropriate BITOA or BITOB Exercise of Options Notice which can be downloaded by clicking on the following links:

BITOA – $0.06 30 November 2018

BITOB – $0.05 12 December 2019

  1. Pay the total amount as shown in Box B on the Exercise of Options Notice by:

a. Cheque made payable to ‘Biotron Limited’ and crossed ‘Not Negotiable’. Send the completed Exercise of Options Notice and cheque to the Company at:
Biotron Limited
Level 2, 66 Hunter Street
SYDNEY NSW 2000 Australia

b. Electronic transfer of funds to:
Bank:                           Westpac
Account name:           Biotron Limited
BSB:                              032-044
Account number:         19-4296
Payment receipt and duly completed option exercise form must be emailed to the Company Secretary at [email protected]

  1. If an optionholder exercises BITOA or BITOB Options, the optionholder must exercise at least 8,333 BITOA options or at least 10,000 BITOB Options at any one time unless the optionholder has less than 8,333 BITOA or less than 10,000 BITOB Options in which case the optionholder must exercise all of the Options.

The Company will issue Shares within 5 business days after receipt of cleared funds.