sabre as I read the announcement"the aquisition of the further shares" means the 21 million from the directors.
So Ikl will hold 67.02 million shares. The number of shares on offer after the placement will be 460 million +46.02 ie 506.02 million. (the 21 mill shares from director are already counted)
67.02 is 13.24% of 506.02 million
note: it is 13.24% after the placement shares are added to the existing shares.
