HAV 2.50% 19.5¢ havilah resources limited

Ann: Change of Director's Interest Notice , page-25

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  1. 1,025 Posts.
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    benboy

    Regarding dilution, the directors can allocate the shortfall'at their discretion' during the next 3 months, therefore dilution will occur!.

    A question? Do the directors have to disclose what price is paid for the shortfall shares and to whom they are issued?. Naturally if it causes someone to be a substantial holder it will have to be advised.

    If the directors took up OR take up shares they will have to lodge a notice.

    A long and painful exercise!.
 
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