DNA 6.45% 2.9¢ donaco international limited

Ann: iSentric Spinoff - Notice of Meeting for EGM, page-2

  1. 1,775 Posts.
    Hi all.

    So the spin off of isentric is a goer.

    We will receive 0.13 shares in isentric for every Donaco share we hold, shares will only be issued to
    s/hs if you hold 19,178 shares minimum , any thing less the shares will be pooled and sold off, and the
    sale money will be distributed to the s/h, other s/hs can elect to have this done if they do not want the
    shares and the money will be forwarded to the said s/h less the cost of the sale, if you wish to elect to
    have this done the cut off date is the 12th of September, also there is a reduction in the exercise price
    of the options from 30 Cents to 28 Cents.
    I exercised my 190,000 options to early.
    Money for nothing as far as I am concerned, now for a great report on the 26th of august and we can
    fly again.
    glta.

    Cheers.
    Simmo.
 
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