LCL lcl resources limited

Ann: LCL Agrees increase to sale of Colombian Assets, page-24

  1. 2,516 Posts.
    lightbulb Created with Sketch. 244
    unfortunately we can't knock it back - looks like they pretty much have it done although it seems to have changed.

    16 April announcement
    "Although the Option is not subject to shareholder approval, the Directors are nevertheless seeking
    shareholder approval .."

    Todays announcement
    "Subject to ...the Company holding irrevocable proxies in favour of approving the Option of not less than 27%."

    "..as of the date of this announcement, has received commitments of support from shareholders representing
    approximately 26% of the issued share capital"


    Something smells..
 
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