Jumbo reveals lapse of 550k options

Jumbo reveals lapse of 550k options

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.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Jumbo Interactiveshare optionsESOPinteractive media

Show Comments