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Details of the ESOS Options offered to the Eligible Persons are set out below:
No. Description of Offer under the ESOS Options
1. Date of Offer of the ESOS Options 6
th March 2023
2. Exercise price of the ESOS Options offered 0.017
3. Number of ESOS Options offered 10,000,000
4. Closing market price of Bornoil Shares on the date of the Offer 0.020
5. Number of ESOS Options offered to the Directors of the Company Nil
6. Vesting period of the ESOS Options offered N/A
