Ann: FY2021 Financial Results Summary, page-10

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    ...."Marine propulsion and stabilisation technology company Veem is raising $5 million, while its management sells down $10 million worth of shares. Thanks to the simultaneous transactions, institutional investors have the chance to buy up $15 million worth of shares in the business at a 15 per cent discount."........


    Thanks @Winenut and@Psalty. Got it and will take the 15% up the discount for sure

 
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