IXC 0.00% 6.5¢ invex therapeutics ltd

Ann: Chairman's Address to Shareholders and Presentation, page-45

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    2 June news


    Due to the ongoing liquidation of Warambi Sarl a company of which Dr Jason Loveridge is a shareholder and beneficiary, the beneficial interests of the shareholding in Invex have been distributed to the respective beneficiaries. As a result, Warambi Sarl’s shareholding in Invex have been transferred to Warambi Ltd (a company which Dr Jason Loveridge is a shareholder and beneficiary), Dr Jason Loveridge and the balance of the shareholding has been transferred to other beneficiaries of which Dr Jason Loveridge does not have a ‘notifiable’ interest. The escrowed portion of these shares remain escrowed until 3 July 2021

    I don’t know who the “ other beneficiaries “ are or why this liquidation was needed?


    Maybe the other beneficiaries are sellers.?

    all just speculation
 
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