re: cdr now own 43.43%... Plus the shares held by the facility agent is 14.45%, Macquarie Securities (Australia) Limited (Facility Agent).
The number of Volante shares in which Commander has a relevant interest (as disclosed in the
attached notice) together with the number of Volante shares the subject of acceptance
instructions under the Facility equals 57.89% of all Volante shares.
For those still buying on-market, DO NOT factor in the 2 cent fully franked dividend as a part of the $1.15 Commander offer price. Any shares bought after March 24 were trading on an ex dividend basis and will only receive the $1.05 offer price plus the 8 cent fully franked dividend which equals $1.13.
This is 100% correct and it took me many phone calls to both the Volante and Commander shareholder hotlines to get it right.
Seems like the curtain is certainly closing for Volante.
Regards,
Snake13.
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