"In accordance with clause 5.1(c) of the DOCA, 98% of your Paladin shares have been transferred to creditors and other investors pursuant to section 444GA of the Corporations Act and 2% of your Paladin shares will be retained by you. The share register of Paladin has been updated to reflect this transfer and shareholders will be sent new holding statements reflecting their updated shareholding. For example, if a shareholder held 10,000 Paladin shares prior to the restructure they would now hold 200 shares (being 2%). Fractional entitlements will be rounded down to the nearest whole number"
So the fat lady still has lots of script?
Ann: Effectuation of DOCA and Appointment of new Directors, page-3
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