Thanks Gloriana. Unfortunately I have a complete mental block when reading the language of the resolution.
Resolution 3: Approval of the TasFoods Limited Rights Plan (TFLRP) To consider and, if thought fit, pass the following Resolution as an ordinary resolution:
“That, for the purposes of Listing Rule 7.2 Exception 9, the Corporations Act section 260C(4) and for all other purposes, the TasFoods Limited Rights Plan (TFLRP) and any grants of Rights (as defined in the TFLRP) and Shares (ordinary shares in the Company) or Restricted Shares (Shares subject to disposal restrictions) that result from the exercising of Rights under the TFLRP, as well as any potential financial assistance resulting from the operation of the TFLRP, as described in the Explanatory Notes to this Notice of Meeting, be approved.”
If you have time would you be able to explain what it actually means in lay terms?
Thanks in advance.
Rubi
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