"For the scheme to be approved, a resolution in favour must be passed at the scheme meeting by each class of target shareholders by both:
But those requirements [75% of votes cast] aren't specific to this particular proposal, are they?
- 75% of the votes cast on the resolution; and
- more than 50% in number of the target shareholders voting on the resolution (in person or by proxy)"
Aren't they simply the related ASX laws or ASIC company laws?
This proposal is only for 100% of the Ordinary shares.
So how many classes of us targeted 'ordinary share' holders are there?
Does Santos still have preferential shares?
Harbour Energy, page-60
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