MEP minotaur exploration ltd

Ann: ADN: Bidder's Statement, page-9

  1. 7,170 Posts.
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    Furthermore..

    upon reading the bidders statement it is going to be important for holders to receive 'scrip roll over relief'

    in order for holders to avoid a CGT event taxable gain, it is going to be critical for ADN to achieve 80% of MEP shareholders acceptance by 30/1/22

    for MEP holders this means you will be able to 'roll over' the obligation to assess capital gain until yr new ADN shares are sold

    bottom line ?

    MEP holders if happy to proceed should get busy and formally accept the offer not just sit on hands and pontificate

    I look forward to vigorous debate on the above intricacies

    GLTAH and of course DYOR
 
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