Ann: PrimaryMarkets engaged for Shareholder trades post-delisting, page-5

Stephank, no doubt LVT management is desperately trying to convey that they have the numbers and the vote to delist is a foregone conclusion, but the simple maths of the situation conflicts with this. In order for the delisting to go ahead they need 75% of votes cast to be in favour of delisting - remember that’s not 75% of the shares on issue, it’s 75% of the votes that are actually cast.

From memory the LVT shareholder base is something like 30% management/institutions with the remaining 70% ie the vast majority being retail investors. A lot of smaller investors may decide that they can’t be bothered voting because they feel their votes are insignificant and that is in fact exactly what the scumbag LVT management are relying on to get the delisting over the line. Smaller investors (and anyone who doesn’t want LVT to end up worthless) need to realise that as a voting block us retail investors are all powerful in this situation, can easily block the delisting, then go on to ensure a second strike and get rid of these parasitic numnuts once and for all!

EXERCISE YOUR SHAREHOLDER RIGHTS AND VOTE NO!!!