EXL 25.0% 0.3¢ elixinol wellness limited

SP Discussion, page-889

  1. 410 Posts.
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    the consideration for the sale comprises: (a) JPY1 million (or approximately A$13,500 on a
    converted basis) cash payment on completion; and (b) a deferred cash payment of A$362,715
    multiplied by the ratio of the closing price of Elixinol Global shares on 8 January 2020 divided by
    A$1.09 (less Japanese taxes), which is payable by no later than 31 March 2020. The rationale for
    this formula is to approximate the value of the Elixinol Global shares held by Elixinol Japan
    attributable to EIH’s 50.5% shareholding, which could be realised by Elixinol Japan on release
    from escrow of those shares; and...
 
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