Fashion group OrotonGroup advise that effective 31 January 2006, 80,000 options (exercise price of $1.99) issued to former employee Angela Hammond, General Manager - ALDO have lapsed due to termination of employment.
The company currently has 200,000 options still outstanding.
OrotonGroup's brands include Oroton, Morrissey and Marcs, and the Australian licences for US label Polo Ralph Lauren and Canadian footwear brand Aldo.