IMM 2.54% 30.3¢ immutep limited

spp complete and capital secured., page-15

  1. 15,518 Posts.
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    Truedeal

    You seem to have missed something from the announcement on the 11th April.

    From the Notice of EGM Explanatory Notes:

    "As disclosed in the Company's announcement described above, the following directors of the Company wish
    to subscribe for up to $2 million (in aggregate) worth of any shortfall that exists at the conclusion of the
    Share Purchase Plan (Shortfall Shares) in addition to their entitlement under the Share Purchase Plan:

    (a) Lucy Turnbull;
    (b) Albert Wong;
    (c) Martin Rogers;
    (d) Richard Hammel; and
    (e) Matthew Lehman.
    (together, the Participating Directors).

    If Resolution 1 is approved by Shareholders, the Participating Directors will subscribe for up $2 million worth of Shortfall Shares (in aggregate) at the Offer Price. Full details in relation to the issues of Shortfall Shares for which Resolution 1 is seeking approval is set out in paragraph 1.3 below"



    Perhaps you should read the document properly before accusing the Directors of misleading people>
 
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