As stated in Section 6.9, Sholom Feldman and Pnina Feldman wish to participatein the Offer on the same terms as other applicants. The Company has received awaiver of Listing Rule 10.13.3 to allow it to issue such Shares to Sholom Feldmanand Pnina Feldman within 3 months (rather than 1 month) from the date of theGeneral Meeting.ASX Listing Rule 14.7 provides that where an entity states in a notice of meetingthat it will do something that the ASX Listing Rules require it to do, the entity mustdo that thing.As the Listing Rules require that the notice of meeting for the General Meetingstates the Company will issue these Shares to Sholom Feldman and Pnina Feldmanwithin 1 month of the General Meeting, a waiver under Listing Rule 14.7 must also 10be sought in conjunction with the waiver under Listing Rule 10.13.3 should theShares not be issued within this 3 month period.
Don't think I read any comments on this variation from 1 month to 3 months. I have no clue why they asked for this. Any ideas? I'm curious.
It's one thing to defer the issue of shares. I assume they did not defer the payment for those shares. You would not qualify for any shares if you did pay by the due date right?
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
