AXE archer materials limited

Ann: Share Purchase Plan results, page-62

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    Most likely that if you sold your holdings to fund the SPP you get scaled back, if you think about it the people who did this contributed to the price being pushed below the SPP.
    So they should be scaled back.


    (b) close the SPP early and scale back Applications. When determining the amount (if any) by which to scale
    back an Application, the Company may take into account a number of factors, including the size of an
    applicant’s shareholding, the extent to which Eligible Shareholders have sold or bought additional Shares
    after the Record Date and the date an Application was made.
    Eligible Shareholders are therefore
 
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