Ann: Becoming a substantial holder in BOW by DB G, page-47

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    re: Ann: Becoming a substantial holder in BOW... in a vote to approve a Scheme there are TWO tests:

    1. at least 75% of shares voted must vote in favour of the Scheme,

    AND

    2. at least 50% of shareholders voting must vote in favour of the Scheme.

    Both of these tests must be reached.

    And - it is the shares/shareholders VOTING that are counted.

    And thats important, because often only a small percentage of shareholders often bother to vote.

    cheers

 
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