and I can remember posting way back, that LWP had no right just...

and I can remember posting way back, that LWP had no right just to unilaterally "cancel" the shares already issued to VV - as LWP claimed that they would.
Interestingly, VV shareholding is in Top20. If Lanstead continue to not vote, then that makes VV shares important in any voting process. That block of shares dilutes the power of the remaining board control - ergo the desire to "cancel" the shares.
And - I think that all LWP could do is get a court order to rescind the contract with VV, and place the shares in a "Treasury" situation with LWP. Because I am pretty sure that LWP cannot "cancel" shares without approval of shareholders?