molly
The Entitlement prospectus on page 89 says that WPL held 10.03% then (post placement to WPL and instos but pre rights issue). In the announcemnent about the placement in April WPL said they would take up their entitlement in the rights issue - to maintain their % in HDR - so presumably that's what they have done (i.e maintained their % at the 10.03%). The 2.66m they are taking now will be around 0.42% of shares issued post rights issue (638m). So that makes around 10.45% - near enough to 10.50%, so it looks like they have not bought on market to any significant extent.
Cheers
H
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hardman resources limited
further palcement of 2.66m shares to wpl, page-8
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