i wonder:
1) what the implications are if the second tranche is voted down. could management raise capital now at higher prices?
2) what would happen if shareholders don't ratify the first tranche (since the shares have already been issued)? this qu. applies to all capital raisings which require shareholder approval.
can any one shed some light?
Ann: 2015 4E and Full Year Statutory Accounts, page-267
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