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Ann: Addendum to the Notice of General Meeting-SRT.AX, page-29

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TheArchitect

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25/05/16

10:51

Post #: 17860157
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Originally posted by bforbennet ↑

Have Milestones 1 & 2 been met already? Can someone clarify?

Addendum to meeting states:

Issue to the Intiger Shareholders:
(i) 250,000,000 Class A Performance Shares; and
(ii) 250,000,000 Class B Performance Shares,

and in the notice of meeting before, the milestones state:

(i) Class A: the aggregate audited consolidated net profit after tax of the
Intiger Group being not less than A$1,000,000 between the date of
issue of the Performance Shares and 30 June 2019 (Milestone).
(ii) Class B: the aggregate audited consolidated net profit after tax of the
Intiger Group being not less than A$4,000,000 between the date

Class A & B have been met?

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Already covered that topic last night, no they haven't been issued, they are issuing the performance shares themselves and then once milestones are hit the performances shares are converted to ordinary shares

SRT Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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