As per the terms of issue of the RCPS and the Shareholder approval granted on 2nd December 2016, Bathurst has given today notice to RCPS holders that it intends to convert all RCPS into fully paid ordinary shares on Monday 18 September, 2017. This will result in the issuance of 513,818,186 new BRL shares. Shares on issue post conversion of the RCPS will therefore be 1,504,846,395.
Ann: Conversion of Redeemable Convertible Preference Shares, page-2
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