VOR 0.00% 39.5¢ vortiv limited

News: TSN Transaction Solutions raised funds to progress opportunity to acquire balance of equity..., page-144

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    Marty,

    From the 16-Apr-2013 Notice of AGM, where the Explanatory Statement is provided:

    2. Summary of Agreement
    2.6.(e) Right of First Offer
    Any transfer of securities by the Investors and/or the Group is subject to a right of first offer and tag along rights being provided to the other Investors/Group as relevant. In the event of any sale of TSI Shares by the Investor, the Group has 'tag-along' rights. That is, the Group has a right to sell their TSI Shares pro-rata alongside the Investor on the same terms and conditions. In the event that the sale leads to a change in control of TSI India, then the Group has a right to sell 100% of its TSI shares. ​

    The Investors have similar 'tag-along' rights in the event of a sale by the Group.​
 
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