SDL sundance resources limited

mr lewis stated sdl not obliged to pay 15m, page-2

  1. 1,104 Posts.
    Yeah Read Clause 11.1 (d)

    "any of Sundance’s independent directors fail to recommend the Scheme or withdraw,revise, revoke or qualify a recommendation previously made (whether or not that failure, withdrawal, revocation, qualification or revision is otherwise in breach of this document) other than because of an opinion from the Independent Expert that the Scheme is not in the best interests of Sundance Shareholders and Sundance Optionholders;"

    Independent Expert must have expressed opion that the scheme was not in the best interests of Sundance via Due Dilligence.

    Will be investing in SDL, that is for sure now.

 
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