Internet lottery and gaming company Jumbo Interactive (ASX:JMB) has announced the lapse of 550,000 options.
Jumbo said the options, which had been issued to employees under an employee share option plan, went unexercised following staff changes.
The company added that 4.7 million options are still on issue under the plan, expiring at various dates up until February 2014. JIN shares slumped 5.6% during Thursday's trading to $0.340.
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