The cash alternatives to be offered are locked in by the new Clause 4.2 as a term of the Deed. To change that would require drafting of another Amendment Deed, which took two weeks last time. Seems pretty unlikely.
4.2 Scheme Consideration
(a) a cash amount of $0.146; or
(b) a cash amount of $0.207 if, not later than the day that is (unless otherwise agreed in writing by ResApp and Pfizer) 9 Business Days before the Scheme Meeting, the Qualifying Confirmatory Data Readout Condition has been satisfied or waived by Pfizer in writing.
It’s clear that $0.207 is the upper limit that the current Deed allows.
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Ann: Trading Halt, page-13
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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