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
IXC Price at posting:
80.5¢ Sentiment: None Disclosure: Held
