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Manaccom reveals lapse of 350k share options

Manaccom reveals lapse of 350k share options

Software publisher and online lottery operator Manaccom (ASX:MNL) has revealed that 350,000 share options exercisable at $0.50 have lapsed unexercised after unspecified staff changes.

But Manaccom said 700,000 options of the same value remain exercisable until March 2011 and 2.2 million until May 2012, as well as 1.35 million options exercisable at $0.70 open until October 2012.

MNL shares have today grown 12% to $0.28, after yesterday falling 3.8% to close at $0.25 and 7.1% to close at $0.26.

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Tags share pricesmanaccomsoftware

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