CGB 0.00% 2.1¢ cann global limited

Ann: Half Year Accounts, page-355

  1. 227 Posts.
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    Apologies if this has been dealt with already.

    As stated in Section 6.9, Sholom Feldman and Pnina Feldman wish to participatein the Offer on the same terms as other applicants. The Company has received awaiver of Listing Rule 10.13.3 to allow it to issue such Shares to Sholom Feldmanand Pnina Feldman within 3 months (rather than 1 month) from the date of theGeneral Meeting.

    Does anyone know the reason for the request, or the need, to issue the Feldman's their Capital Raise shares later?

    They have to fill in the application form and transfer their funds before the closing date just like everyone else in order to meet the terms of the CR I presume.
 
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Currently unlisted public company.

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