15 % rule, page-3

  1. 4,326 Posts.
    just looked back at last ann,

    they issued the 15% quota as TrancheA immediately then sought shareholder approval for the shares over and above the 15% as TrancheB.

    However, at that same meeting they sought to ratify TranchA also which means they can do the same again.

    But we will no doubt be asked to ratify this at a later meeting.
 
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