All good, I did not pick up the typo as I read the word in context, understanding you meant existing.
I would hope that they do offer the shares to exisitng holders of any or all - MMR, BUY and BPH.
Having said that, I am sure they would grab with both hands, any larger offers from 708 investors.
Ann: Chairmans Address 2023 AGM, page-33
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