Rights of option holder: no entitlement to dividends or voting until options are exercised and shares issued. Employees holding stock options under the ESOS have no entitlement to dividends, voting rights, or other shareholder benefits in respect of granted ... Summary
Rights of option holder: no entitlement to dividends or voting until options are exercised and shares issued.
Employees holding stock options under the ESOS have no entitlement to dividends, voting rights, or other shareholder benefits in respect of granted options until those options are exercised and the corresponding shares are issued, at which point shareholder privileges arise upon allotment.
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