Ann: Scheme Meeting Adjournment , page-5

Highly recommend voting against the merge. Asset auction is the way to go. If Jubilee want to get it pay the market price. There shouldn't be increase of debt since the company in operation shutdown. Any debt taken during the voluntary administration without shareholder have a say should not be valid. Did anyone see any detail why the debt increase when the whole show is on suspend? It looks like the bank + administrator + the management and Jubilee colluded to steal the asset for free here.

Remember Jubilee bring nothing to this merge. The have sold all their power generation asset and smelting asset...so what are we merging with here that justify the write down of PLA share in the merge.

As I understand the cost of the merge and any funding for operation of the new entity will be on Jubilee account not PLA that was the requirement.

This become rediculous now that it looks more like a asset grabing than a merge