After acquisition

  1. 1,120 Posts.
    lightbulb Created with Sketch. 62
    Hi everyone

    I read the merger presentation again and again and there is one thing I would like to clarify.

    The document says the following: [...] will issue new shares to Afterpay shareholders (excluding Touchcorp), on a 1:1 basis and to Touchcorp shareholders on a 0.64:1 basis

    Let's imagine that I have 100 units in Touchcorp, what will happen to these units after the merger?
    I assume that I will get 64 units in Afterpay Touch Group Limited, is that correct?

    Thanks in advance for your help
    Regards Martin
 
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