Connie wins award for CEO of the year, page-25

To save the forum from checking if I am down ramping the rules are:

Shareholder disclosure and approval process scheme of arrangements.

After the scheme is publicly announced, in order to seek shareholder approval, the target (with the assistance of the bidder) prepares a disclosure document known as a 'scheme booklet'.

The scheme booklet generally contains all information known to the target and the bidder that is material to a target shareholder's decision as to how to vote on the proposed scheme.

The scheme booklet will include an independent expert report valuing the target shares and opining on whether the scheme is in the 'best interests' of target shareholders.

The target lodges a draft of the scheme booklet with ASIC for review, which will take at least 14 days.Following ASIC's review, the target seeks the Court's approval at the 'first court hearing' to mail the scheme booklet to all target shareholders and to convene a meeting of target shareholders to vote on the scheme.

The target will then hold the shareholder vote on whether to approve the scheme at the 'scheme meeting'.

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:

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)