Thinking we should hear something from the company in the next 2 weeks regarding the proposals they're considering.
If they have to get shareholder approval on the proposal (e.g a large placement) they'll want to leave plenty of time before the Standstill expires.
Surely that was the reason to extend it to 2nd Dec?
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- Ann: Pioneer and Senior Financiers to extend Standstill Agreement
Ann: Pioneer and Senior Financiers to extend Standstill Agreement, page-28
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